Credit Suisse sours on Campbell Soup

|About: Campbell Soup Company (CPB)|By:, SA News Editor

Credit Suisse takes its rating on Campbell Soup (CPB) all the way down to Underperform.

Campbell threw a scare into analysts and investors yesterday when it reported weak demand for soup during a quarter influenced by wintry weather. CS takes a narrow view on the chances that soup will turn into a growth category again.