Morgan Stanley Maintains Equal-Weight on Campbell Soup, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman has maintained an Equal-Weight rating on Campbell Soup (NYSE:CPB) and lowered the price target from $52 to $49.
August 08, 2023 | 1:49 pm
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Morgan Stanley has maintained an Equal-Weight rating on Campbell Soup and lowered the price target from $52 to $49.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Campbell Soup in the short term as it indicates a lower valuation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100