JP Morgan Maintains Neutral on Campbell Soup, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ken Goldman maintains a Neutral rating on Campbell Soup (CPB) and raises the price target from $47 to $48.

March 01, 2024 | 12:44 pm
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POSITIVE IMPACT
JP Morgan analyst Ken Goldman maintains a Neutral rating on Campbell Soup and raises the price target from $47 to $48.
The increase in price target by a reputable analyst like Ken Goldman suggests a positive outlook on Campbell Soup's stock value in the short term. Although the rating remains Neutral, the adjustment in price target can be seen as a sign of confidence in the company's performance or valuation adjustments, potentially influencing investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100