Campbell Soup (CPB) PT Raised to $48 at Wells Fargo

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RBC Capital Reiterates Outperform Rating on Campbell Soup (CPB)

December 5, 2019 7:01 AM EST

RBC Capital analyst Nik Modi reiterated an Outperform rating and $55.00 price target on Campbell Soup (NYSE: CPB).

Management maintained its initial FY20 outlook across metrics. Consensus is currently calling for +1% EBIT growth (vs. guidance of +24%) and EPS of $2.52 (vs. guidance of $2.502.55).

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