Citigroup Initiates Coverage On Campbell Soup with Sell Rating, Announces Price Target of $41
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Wendy Nicholson initiates coverage on Campbell Soup (NYSE:CPB) with a Sell rating and sets a price target of $41.
February 01, 2024 | 11:13 am
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Citigroup has initiated coverage on Campbell Soup with a Sell rating and a price target of $41.
The initiation of coverage by Citigroup with a Sell rating and a specific price target is a significant indicator for investors, suggesting a bearish outlook on Campbell Soup's stock in the short term. This could lead to a negative sentiment among investors and potentially impact the stock's price negatively.
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