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-0.000373924965723559 -0.000309111304998118 -0.000872491586688186 0.00211890813910011 -0.00411317462295897 -0.0113423906269475 -0.00411317462295897 0.00635672441730033
Stock impact report

Barclays Maintains Underweight on Campbell's (CPB), Warns of Earnings Risks [Yahoo! Finance]

The Campbell's Company (CPB) 
Last the campbell's company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.campbellsoupcompany.com
Company Research Source: Yahoo! Finance
On April 14, Barclays analyst Andrew Lazar lowered the firm's price recommendation on The Campbell's Company (NASDAQ:CPB) to $21 from $23. It reiterated an Underweight rating on the shares. The firm updated its targets across the consumer staples group as part of its Q1 preview. It said it has “growing caution” heading into earnings, pointing to higher input costs. In food, the analyst also highlighted “building concerns” around the sustainability of the dividend for certain companies, according to a research note. On April 14, BTIG LLC analyst Rob Dickerson initiated coverage of Campbell's with a Neutral rating. The firm said that given category and brand positioning, along with ongoing volume deleverage, cost inflation, execution disruptions, and mix, near-term top-line and margin recovery potential appears limited. It added that when factoring in leverage and constrained cash flexibility, the stock's current discounted valuation is warranted, according to a research note. The Show less Read more
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