Wells Fargo Reiterates Equal-Weight on Kraft Heinz, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has reiterated an Equal-Weight rating on Kraft Heinz (NASDAQ:KHC) and lowered the price target from $44 to $40.

June 21, 2023 | 2:06 pm
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Wells Fargo analyst Chris Carey reiterated an Equal-Weight rating on Kraft Heinz and lowered the price target from $44 to $40.
The news directly pertains to Kraft Heinz as the analyst has reiterated an Equal-Weight rating and lowered the price target. This may cause some investors to reconsider their positions, but the overall impact on the stock price is expected to be neutral in the short term.
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