Morgan Stanley Maintains Equal-Weight on Kraft Heinz, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman maintains an Equal-Weight rating on Kraft Heinz (NASDAQ:KHC) and lowers the price target from $44 to $39.
June 14, 2023 | 1:20 pm
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Morgan Stanley maintains an Equal-Weight rating on Kraft Heinz and lowers the price target from $44 to $39.
The news directly mentions Kraft Heinz (KHC) and the lowered price target by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, and the lowered price target may have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100