BAML cuts CPB target to $18, stays Underperform

BAML analyst Peter Galbo trimmed their price target on CPB to $18 on June 9, with the rating unchanged at Underperform.

On CPB alone, Peter has made 20 documented calls, 9 of 20 eventually touched by the stock’s price.

CPB carries 1 Buy, 12 Hold, 5 Sell ratings among the analysts AnaChart tracks. The target range spans Peter Grom at UBS ($17) to David Palmer at Evercore ($41). The stock’s most recent close was $21.47.

CPB price targets: Peter Galbo against the highest and lowest current targets on the stock, plotted with the price.

The $18 target is 16% below the stock’s $21.47 close.

FAQ

What is BAML’s price target on CPB?

BAML’s Peter Galbo has a $18 target on CPB, rated Underperform, set June 9, 2026.

How often have Peter Galbo’s CPB price targets been reached?

AnaChart has tracked 20 price-target calls from Peter Galbo on CPB; the stock reached the target in 9 of them (45%).

What is the analyst view on CPB?

Coverage is split 1 Buy / 12 Hold / 5 Sell, with targets from $17 (UBS) to $41 (Evercore).