tiprankstipranks
Trending News
More News >

Campbell’s price target lowered to $32 from $33 at Citi

Citi lowered the firm’s price target on Campbell’s (CPB) to $32 from $33 and keeps a Sell rating on the shares. Following a 7c EPS beat but more cautious commentary on Q4, even before considering tariff headwinds, the firm came away from its management follow-up call with a better understanding of the incremental headwinds Campbell’s is facing, the analyst tells investors. To reflect slightly higher inflation and tariffs, the firm’s FY25 EPS estimate goes to $2.92 from $2.95 and its FY26 EPS forecast falls to $2.85 from $2.89, the analyst noted.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue