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Fly News Breaks for April 18, 2018
CPB
Apr 18, 2018 | 06:08 EDT
Piper Jaffray analyst Michael Lavery expects higher steel costs and lower than expected Snyder-Lance operating contribution to weigh on Campbell Soup's fiscal 2019 earnings growth. The analyst expects growth of just 1.0%-1.5% and maintains an Underweight rating on the shares. He lowered his price target for Campbell Soup to $43 from $45.
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