Morgan Stanley Is ''Cautious'' On Campbell Soup''s Long-Term Growth Prospects
Morgan Stanley analyst Pamela Kaufman reiterated an Equal-Weight rating on the shares of Campbell Soup Co (NYSE: CPB ) with a price target of $48.00. The analyst listed key takeaways from a meeting with the company''s management. Kaufman noted the management was optimistic about the FY23 outlook as the company benefitted from below-historical levels of elasticity, and is well-positioned to benefit from consumers increasingly seeking value and innovation efforts. She added that CPB believes it is in an advantaged position when consumers are … Full story available on Benzinga.com
Morgan Stanley Is ''Cautious'' On Campbell Soup''s Long-Term Growth Prospects
Morgan Stanley analyst Pamela Kaufman reiterated an Equal-Weight rating on the shares of Campbell Soup Co (NYSE: CPB ) with a price target of $48.00. The analyst listed key takeaways from a meeting with the company''s management. Kaufman noted the management was optimistic about the FY23 outlook as the company benefitted from below-historical levels of elasticity, and is well-positioned to benefit from consumers increasingly seeking value and innovation efforts. She added that CPB believes it is in an advantaged position when consumers are … Full story available on Benzinga.com