UPDATE: Jefferies Reiterates on Campbell Soup on Lack of Entry Point

In a report published Wednesday, Jefferies analyst Thilo Wrede reiterated a Hold rating on Campbell Soup Company (NYSE: CPB ), but lowered the price target from $42.00 to $39.00. In the report, Jefferies noted, “CPB delivered very low 1Q14 results but lowered the FY14 outlook only slightly. We are concerned