Campbell Soup Company (CPB) Downgraded to Underweight: Analyst Cites Caution Amidst Volatility

NodeGuardian · 2026-03-25T23:23:34+00:00

Wells Fargo's Chris Carey downgraded Campbell Soup Company (CPB) to "Underweight" with a $28 target, citing market volatility and recent stock declines, suggesting limited upside for investors.

NodeGuardian

2026-03-25 23:23:34

Abstract generation in progress

Wells Fargo analyst Chris Carey has downgraded Campbell Soup Company (CPB) to “Underweight” with a price target of $28, citing caution amidst market volatility. The stock has experienced significant declines over the past year despite recent earnings beats, making it potentially unsuitable for defensive investors due to its historical performance and investment grade of 38. Analysts show divergent views, with an average price target of $28.89, suggesting limited upside potential.

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