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

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Jesse Pound@/in/jesse-pound@jesserpound
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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.