UBS analyst Peter Grom lowered the firm’s price target on Kraft Heinz (KHC) to $29 from $31 and keeps a Neutral rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KHC:
- FDA revokes 52 food product standards
- Kraft Heinz’s Strategic Breakup Consideration: Hold Rating Amidst Uncertainty and Growth Potential
- Sell Rating for Kraft Heinz Due to Strategic Uncertainty and Limited Valuation Potential
- Kraft Heinz price target raised to $29 from $27 at Wells Fargo
- Kraft Heinz (KHC) Considers Grocery Business Spin-Off