Goldman Sachs lowered the firm’s price target on Kraft Heinz (KHC) to $23 from $27 and keeps a Neutral rating on the shares. Shares edged up 0.2% despite a Q4 sales miss and softer FY26 guidance, reflecting increased investments to drive 2H volume improvement, the analyst tells investors in a research note. The planned separation into two companies is on indefinite pause as management prioritizes the turnaround, aiming to enhance future portfolio optimization optionality, the firm says.
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