JPMorgan Raises Campbell's Price Target to $22.00
Campbell's (NASDAQ: CPB) stock price target has been raised to $22.00 by JPMorgan Chase & Co., according to a research report issued on Tuesday. This new target indicates a potential downside of 4.34% from the stock's previous close of $23.00.
The brokerage currently has a 'neutral' rating on Campbell's stock, which is one of several recent updates from various analysts. For example, Royal Bank Of Canada reduced their price target to $21.00 and set a 'sector perform' rating, while DA Davidson raised the stock to a 'hold' rating.
Twelve investment analysts have rated the stock with a Hold rating, while seven have assigned a Sell rating. The average rating is 'Reduce', with an average price target of $20.47.