Campbell’s Price Target Cut to $28 by Deutsche Bank and Wells Fargo, New Supply Chain Officer Appointed
Deutsche Bank and Wells Fargo cut Campbell’s price targets to $28 from $31 and $30 as analysts cite sales declines and tariff-driven margin pressure. The company upgraded to a hold rating, named Cassandra Green Chief Supply Chain Officer and streamlines operations after integrating Rao’s and La Regina acquisitions.
1. Deutsche Bank and Wells Fargo Trim Price Targets
Deutsche Bank lowered its Campbell’s price target to $28 from $31 and Wells Fargo cut its target to $28 from $30, retaining hold and equal-weight ratings. Both firms expect persistent sales declines, tariff-driven margin pressure and guidance tracking toward the lower end of fiscal 2026 forecasts.
2. Analyst Upgrades to Hold at $25 Price Target
An analyst upgraded Campbell’s to a hold rating with a $25 price target, noting that downside is largely priced in. They highlighted persistent sales declines, input-cost and tariff pressures compressing margins, and a debt-laden balance sheet that limits share buybacks, with successful Rao’s and La Regina integration critical for growth.
3. Cassandra Green Appointed Chief Supply Chain Officer
Campbell’s appointed Cassandra Green as Chief Supply Chain Officer, reporting to CEO Mick Beekhuizen and joining the Operating Committee. She will oversee end-to-end supply chain operations, including customer logistics and planning, procurement, manufacturing, operational excellence, and food safety and quality.