Information Provided By: 
Fly News Breaks for October 17, 2019
CPB
Oct 17, 2019 | 08:09 EDT
RBC Capital analyst Nik Modi initiated coverage of Campbell Soup with an Outperform rating and $55 price target. The analyst contends that the company has been taking the correct steps under the new CEO Mark Clouse to dispose of non-core assets and realign the organization to help grow its snacks while stabilizing its soup businesses. Modi states that these efforts should position Campbell Soup to return to a sustainable low-single-digit revenue growth, adding that his forecasts for FY20 earnings and revenues are also ahead of consensus.
News For CPB From the Last 2 Days
There are no results for your query CPB
