CPB Stays on Hold – Analyst Blog
Source: http://www.zacks.com/stock/news/16844/CPB+Stays+on+Hold+-+Analyst+BlogPosted on Friday, January 16th, 2009 | In Stocks to Watch
Headquartered in Camden, New Jersey, Campbell Soup Co. (CPB) is a leading global soup manufacturer and is the third largest biscuit company in the U.S. The company’s Transformation and Driving Quality Growth Plans are improving the topline through a combination of improved products, attractive packaging, a new retail shelving system, and more effective marketing.
Price increases and a line of lower sodium soups helped Campbell accomplish management’s financial goals in the last 2 fiscal years. Management continues to optimize the portfolio with the introduction and reformulation of lower sodium soups. However, cost inflation remains a concern. The Hold recommendation is maintained.
Read the full analyst report on CPB
“CPB” Free Stock Analysis: Buy? Sell? Hold?
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