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Campbell's Earnings Meet Consensus as Analysts Cut Ratings

Campbell's logoCampbell's
Sig2.30Sen-1.25Env0.00Soc-1.80Gov0.00

Zacks raised Campbell’s to a hold and Bank of America cut its price target to $18 with an underperform view, while JPMorgan lifted its target to $22 and kept a neutral rating. Campbell’s reported quarterly EPS of $0.39 on $2.14 billion revenue, meeting consensus, and said it targets about $500 million in savings, including workforce reductions. CalSTRS and Two Sigma also increased holdings.

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