RBC Capital Reiterates Sector Perform on Campbell Soup, Maintains $47 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated a 'Sector Perform' rating on Campbell Soup (NYSE:CPB) and maintained a $47 price target on the stock.

December 07, 2023 | 4:57 pm
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RBC Capital analyst Nik Modi reaffirmed a 'Sector Perform' rating on Campbell Soup with a consistent $47 price target.
The reiteration of the 'Sector Perform' rating and the maintenance of the price target suggests that RBC Capital's view on Campbell Soup remains unchanged. This typically does not have a significant short-term impact on the stock price, as it neither upgrades nor downgrades the company's outlook. The price target being maintained indicates that the analyst believes the stock is fairly valued at its current level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100