Deutsche Bank Reiterates Hold on Campbell Soup

Deutsche Bank is out with its report today on Campbell Soup CPB, reiterating Hold. In a note to clients, Deutsche Bank writes, "While positives now include more realistic financial goals, a still solid BS/FCF, and a focused portfolio with well-recognized brands, we remain cautious as valuation is reasonable and a turnaround will likely require years." At the time of posting, shares of CPB were trading at $34.50, down 0.26% from Tuesday's close.