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Goldman Sachs bumps its price target and reiterates its Conviction Buy rating on Campbell's Soup...
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Wednesday, November 21, 2012, 12:51 PM ETGoldman Sachs bumps its price target and reiterates its Conviction Buy rating on Campbell's Soup (CPB +0.4%) following mixed FQ1 results. Goldman says it is encouraged that CPB posted its second straight quarter of soup sales growth after two-plus years of declines, thinks reported trends will continue to firm up and views management's Q2 guidance as "overly conservative."
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