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Campbell Soup (CPB) PT Lowered to $40 at RBC Capital

May 21, 2018 8:40 AM EDT

RBC Capital lowered estimates and its price target on Campbell Soup (NYSE: CPB) to $40.00 (from $51.00) while maintaining a Sector Perform rating following results.

Analyst David Palmer commented, "We lower our EPS estimates and price target as a result of cost pressures and... More