Seeking Alpha

Goldman Sachs bumps its price target and reiterates its Conviction Buy rating on Campbell's Soup...

Goldman 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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