DeSantis Promotes State-Backed Bread Testing for Glyphosate
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: Benzinga
- Testing Initiative Expansion: Florida Governor Ron DeSantis announced that the Department of Health found traces of glyphosate in several widely sold bread products as part of the 'Healthy Florida First' food testing campaign, aimed at increasing consumer awareness of food safety.
- Application of Scientific Standards: The Department of Health utilized independent, science-based testing standards to analyze breads for heavy metals, pesticides, and other contaminants, with results published on the state-run website ExposingFoodToxins.com, enhancing public transparency regarding food ingredients.
- Public Response and Controversy: While DeSantis emphasized the transparency of the testing, there is division among scientists and regulators regarding glyphosate's risks, with the International Agency for Research on Cancer labeling it 'probably carcinogenic to humans,' whereas the EPA claims it is 'not likely' to cause cancer when used as directed.
- Industry Opposition: Industry groups criticized Florida's earlier findings on candy and infant formula as inconsistent with federal standards, arguing that these products remain safe under existing US guidelines, while state officials maintain that their testing is focused on providing transparency rather than regulation.
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Analyst Views on CPB
Wall Street analysts forecast CPB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPB is 31.13 USD with a low forecast of 26.00 USD and a high forecast of 38.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
2 Buy
10 Hold
3 Sell
Hold
Current: 28.710
Low
26.00
Averages
31.13
High
38.00
Current: 28.710
Low
26.00
Averages
31.13
High
38.00
About CPB
The Campbell's Company, formerly Campbell Soup Company, provides affordable food and beverages. The Company is focused on brand powerhouse, across two divisions: Meals & Beverages and Snacks. The Company’s portfolio of approximately 16 brands includes Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory Pretzel Crisps, Snyder’s of Hanover, Swanson and V8. It offers nutritious, convenient food for Canadian families. Its North American Foodservice division offers food, recipes, and tailored solutions for a wide range of segments, including healthcare facilities, restaurants and specialty coffee shops, schools, vending and micro-markets, and lodging throughout North America. Pacific Foods is a producer of organic broth and soup. Offering a wide range of tasty organic and plant-based options, soups include Creamy Roasted Red Pepper & Tomato and new ready-to-serve canned soups.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
DeSantis Promotes State-Backed Bread Testing for Glyphosate
- Testing Initiative Expansion: Florida Governor Ron DeSantis announced that the Department of Health found traces of glyphosate in several widely sold bread products as part of the 'Healthy Florida First' food testing campaign, aimed at increasing consumer awareness of food safety.
- Application of Scientific Standards: The Department of Health utilized independent, science-based testing standards to analyze breads for heavy metals, pesticides, and other contaminants, with results published on the state-run website ExposingFoodToxins.com, enhancing public transparency regarding food ingredients.
- Public Response and Controversy: While DeSantis emphasized the transparency of the testing, there is division among scientists and regulators regarding glyphosate's risks, with the International Agency for Research on Cancer labeling it 'probably carcinogenic to humans,' whereas the EPA claims it is 'not likely' to cause cancer when used as directed.
- Industry Opposition: Industry groups criticized Florida's earlier findings on candy and infant formula as inconsistent with federal standards, arguing that these products remain safe under existing US guidelines, while state officials maintain that their testing is focused on providing transparency rather than regulation.
See More
Campbell's Company Ratings Downgraded Amid Competitive Risks
- Rating Downgrades: Barclays and UBS maintained a Sell rating on Campbell's Company on January 20 and January 14, respectively, with Barclays lowering the price target from $30 to $27, reflecting concerns over potential oil and currency headwinds in 2026.
- Rising Competitive Risks: Morgan Stanley cut the price target on Campbell's Company to $28 from $30 while maintaining an Equal Weight rating, indicating that competitive risks are increasing in an already challenging backdrop for U.S. food stocks, with promotions and private label momentum accelerating.
- Sales Forecast Adjustments: BofA lowered its price target to $29 from $30 on January 13, maintaining an Underperform rating, and adjusted Q2 organic sales expectations based on Nielsen scanner trends, reducing Meals & Beverages growth from 3% to 2%.
- Diverse Brand Portfolio: Formerly known as Campbell Soup Company, Campbell's Company offers around 16 brands, including Goldfish and Chunky, with operations divided into Snacks and Meals & Beverages, providing tailored solutions across various sectors such as restaurants and healthcare.
See More
Wall Street Volatility Highlights Importance of Portfolio Diversification
- Tech Stock Decline: Tech stocks have been severely impacted by recent volatility, with AMD's share price plummeting 17% as investor confidence in the enterprise software sector wanes, highlighting the risks of over-reliance on tech investments.
- Strong Performance of Blue-Chip Stocks: In stark contrast to tech stocks, the Dow Jones Industrial Average rose by 260 points, or 0.5%, indicating that old-economy companies are demonstrating greater resilience during market turmoil, attracting investors seeking stability.
- Winners Across Industries: Companies like Campbell, PepsiCo, Smuckers, and Kraft Heinz have seen their stock prices rise despite the threat of GLP-1, reflecting ongoing consumer demand and confidence in the food sector amidst market fluctuations.
- Recovery in Banks and Industrials: Recent gains in bank stocks and industrials such as Honeywell, Dover, and Emerson Electric suggest that investors believe these firms will benefit from efficiency improvements brought by artificial intelligence, enhancing their investment appeal.
See More
Investors Should Focus on Diversification
- Tech Stock Pullback: Tech stocks have faced significant declines recently, with AMD dropping 17% as investor confidence wanes in the enterprise software sector, highlighting the risks of over-reliance on tech investments.
- Strong Performance in Traditional Sectors: In contrast, the blue-chip Dow Jones Industrial Average rose by 260 points, or 0.5%, indicating that traditional sectors like banking and industrials are attracting investor interest in the current market environment.
- Investment Value in Healthcare: Companies like Johnson & Johnson, Merck, and Amgen have performed well, and despite their stock price increases this year, they are still considered valuable investments relative to the broader market, showcasing the stability and appeal of the healthcare sector.
- Recovery of Banks and Industrials: With growing investor confidence in AI's efficiency improvements, banks and industrial stocks such as Honeywell and Dover have also seen gains recently, reflecting optimistic expectations for these companies' future profitability.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stock Performance: Analysts from Hartford Funds and Ned Davis Research found that dividend stocks have delivered an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Sirius XM's Competitive Edge: With a dividend yield of 5.3%, Sirius XM benefits from its unique satellite radio licenses, which provide pricing power, and 80% of its revenue comes from subscriptions, reducing vulnerability to economic downturns.
- Campbell's Transformation: The Campbell Company boasts a dividend yield of 5.58%, and despite facing short-term challenges from steel tariffs and snack product weakness, it is aggressively modernizing operations and pursuing acquisitions to enhance growth potential.
- PennantPark's High Yield: PennantPark Floating Rate Capital offers an impressive 13.03% dividend yield, with 87% of its portfolio in debt securities, and most loans being variable rate, allowing it to capitalize on rising interest rates, making it an attractive investment in the current market.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stocks Outperformance: An analysis by Hartford Funds and Ned Davis Research reveals that dividend stocks have achieved an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Attraction of Sirius XM: With a dividend yield of approximately 5.3%, Sirius XM is close to its historical high, and as one of the few legal monopolies in satellite radio, it generates over 75% of its revenue from subscriptions, ensuring stable cash flow even in economic downturns.
- Campbell's Transformation: Campbell's Company has reached an all-time high in dividend yield despite facing short-term challenges from steel tariffs and weakness in snack products; however, its aggressive acquisitions and operational modernization aim to boost organic growth potential to 2%-3% annually.
- Investment Appeal of PennantPark: PennantPark Floating Rate Capital boasts a remarkable 13% dividend yield, with 87% of its portfolio in debt securities and 99% of loans being first-lien secured, showcasing its profitability and risk management capabilities in a high-interest-rate environment.
See More
DeSantis Promotes State-Backed Bread Testing for Glyphosate
- Testing Initiative Expansion: Florida Governor Ron DeSantis announced that the Department of Health found traces of glyphosate in several widely sold bread products as part of the 'Healthy Florida First' food testing campaign, aimed at increasing consumer awareness of food safety.
- Application of Scientific Standards: The Department of Health utilized independent, science-based testing standards to analyze breads for heavy metals, pesticides, and other contaminants, with results published on the state-run website ExposingFoodToxins.com, enhancing public transparency regarding food ingredients.
- Public Response and Controversy: While DeSantis emphasized the transparency of the testing, there is division among scientists and regulators regarding glyphosate's risks, with the International Agency for Research on Cancer labeling it 'probably carcinogenic to humans,' whereas the EPA claims it is 'not likely' to cause cancer when used as directed.
- Industry Opposition: Industry groups criticized Florida's earlier findings on candy and infant formula as inconsistent with federal standards, arguing that these products remain safe under existing US guidelines, while state officials maintain that their testing is focused on providing transparency rather than regulation.
See More
Campbell's Company Ratings Downgraded Amid Competitive Risks
- Rating Downgrades: Barclays and UBS maintained a Sell rating on Campbell's Company on January 20 and January 14, respectively, with Barclays lowering the price target from $30 to $27, reflecting concerns over potential oil and currency headwinds in 2026.
- Rising Competitive Risks: Morgan Stanley cut the price target on Campbell's Company to $28 from $30 while maintaining an Equal Weight rating, indicating that competitive risks are increasing in an already challenging backdrop for U.S. food stocks, with promotions and private label momentum accelerating.
- Sales Forecast Adjustments: BofA lowered its price target to $29 from $30 on January 13, maintaining an Underperform rating, and adjusted Q2 organic sales expectations based on Nielsen scanner trends, reducing Meals & Beverages growth from 3% to 2%.
- Diverse Brand Portfolio: Formerly known as Campbell Soup Company, Campbell's Company offers around 16 brands, including Goldfish and Chunky, with operations divided into Snacks and Meals & Beverages, providing tailored solutions across various sectors such as restaurants and healthcare.
See More
Wall Street Volatility Highlights Importance of Portfolio Diversification
- Tech Stock Decline: Tech stocks have been severely impacted by recent volatility, with AMD's share price plummeting 17% as investor confidence in the enterprise software sector wanes, highlighting the risks of over-reliance on tech investments.
- Strong Performance of Blue-Chip Stocks: In stark contrast to tech stocks, the Dow Jones Industrial Average rose by 260 points, or 0.5%, indicating that old-economy companies are demonstrating greater resilience during market turmoil, attracting investors seeking stability.
- Winners Across Industries: Companies like Campbell, PepsiCo, Smuckers, and Kraft Heinz have seen their stock prices rise despite the threat of GLP-1, reflecting ongoing consumer demand and confidence in the food sector amidst market fluctuations.
- Recovery in Banks and Industrials: Recent gains in bank stocks and industrials such as Honeywell, Dover, and Emerson Electric suggest that investors believe these firms will benefit from efficiency improvements brought by artificial intelligence, enhancing their investment appeal.
See More
Investors Should Focus on Diversification
- Tech Stock Pullback: Tech stocks have faced significant declines recently, with AMD dropping 17% as investor confidence wanes in the enterprise software sector, highlighting the risks of over-reliance on tech investments.
- Strong Performance in Traditional Sectors: In contrast, the blue-chip Dow Jones Industrial Average rose by 260 points, or 0.5%, indicating that traditional sectors like banking and industrials are attracting investor interest in the current market environment.
- Investment Value in Healthcare: Companies like Johnson & Johnson, Merck, and Amgen have performed well, and despite their stock price increases this year, they are still considered valuable investments relative to the broader market, showcasing the stability and appeal of the healthcare sector.
- Recovery of Banks and Industrials: With growing investor confidence in AI's efficiency improvements, banks and industrial stocks such as Honeywell and Dover have also seen gains recently, reflecting optimistic expectations for these companies' future profitability.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stock Performance: Analysts from Hartford Funds and Ned Davis Research found that dividend stocks have delivered an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Sirius XM's Competitive Edge: With a dividend yield of 5.3%, Sirius XM benefits from its unique satellite radio licenses, which provide pricing power, and 80% of its revenue comes from subscriptions, reducing vulnerability to economic downturns.
- Campbell's Transformation: The Campbell Company boasts a dividend yield of 5.58%, and despite facing short-term challenges from steel tariffs and snack product weakness, it is aggressively modernizing operations and pursuing acquisitions to enhance growth potential.
- PennantPark's High Yield: PennantPark Floating Rate Capital offers an impressive 13.03% dividend yield, with 87% of its portfolio in debt securities, and most loans being variable rate, allowing it to capitalize on rising interest rates, making it an attractive investment in the current market.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stocks Outperformance: An analysis by Hartford Funds and Ned Davis Research reveals that dividend stocks have achieved an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Attraction of Sirius XM: With a dividend yield of approximately 5.3%, Sirius XM is close to its historical high, and as one of the few legal monopolies in satellite radio, it generates over 75% of its revenue from subscriptions, ensuring stable cash flow even in economic downturns.
- Campbell's Transformation: Campbell's Company has reached an all-time high in dividend yield despite facing short-term challenges from steel tariffs and weakness in snack products; however, its aggressive acquisitions and operational modernization aim to boost organic growth potential to 2%-3% annually.
- Investment Appeal of PennantPark: PennantPark Floating Rate Capital boasts a remarkable 13% dividend yield, with 87% of its portfolio in debt securities and 99% of loans being first-lien secured, showcasing its profitability and risk management capabilities in a high-interest-rate environment.
See More
