JPMorgan Analysts Favor Campbell Soup on the Heels of Successful Rao's Sauce Acquisition

Wednesday, 26 June 2024, 14:21

JPMorgan has upgraded Campbell Soup due to the flourishing performance of its newly acquired Rao's sauce business. This move marks the first time since 2009 that the bank has issued an overweight recommendation on the stock.
CNBC
JPMorgan Analysts Favor Campbell Soup on the Heels of Successful Rao's Sauce Acquisition

JPMorgan Upgrades Campbell Soup with Thriving Rao's Sauce Business Boost

JPMorgan has upgraded Campbell Soup due to the flourishing performance of its newly acquired Rao's sauce business. This move marks the first time since 2009 that the bank has issued an overweight recommendation on the stock.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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