Piper Sandler downgrades Campbell Soup, says commodity inflation will hit the bottom line

Cans of Campbell Soup Co. Campbell's chicken noodle and tomato soup.
Andrew Harrer | Bloomberg | Getty Images

Rising costs in the supply chain for canned goods could take away the upside for investors in Campbell Soup, according to investment firm Piper Sandler.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls: Tesla, Apple, Sunoco, Exxon, Microsoft, Uber & more
CNBC ProRecords storage stock Iron Mountain offers resilience in a volatile world, Barclays says
CNBC ProCredit Suisse cuts Tesla price target, says deliveries will fall short because of China