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Morgan Stanley sets equalweight rating and $40 target for Campbell Soup stock

Morgan Stanley has initiated coverage on Campbell Soup with an Equalweight rating and a $40 price target, citing the company's portfolio transformation and strong snacks segment as positive factors for long-term growth. However, challenges in the snacking categories and mixed financial results have led to cautious short-term outlooks from other analysts, with several revising their price targets downward. The stock, currently trading at $38.08, is near its 52-week low, presenting potential opportunities for value investors.
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United States Dollar Morgan Stanley RBC Capital Markets LLC Campbell Soup Co USA Donald Trump Brian Holland Show more
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10:05 24.03.2025
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