Piper Sandler Maintains Neutral on Kraft Heinz, Lowers Price Target to $41
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Michael Lavery maintains a Neutral rating on Kraft Heinz (NASDAQ:KHC) and lowers the price target from $43 to $41.
June 26, 2023 | 2:55 pm
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Piper Sandler analyst lowers Kraft Heinz's price target from $43 to $41, maintaining a Neutral rating.
The news directly mentions Kraft Heinz (KHC) and the lowered price target by Piper Sandler analyst Michael Lavery. This may cause some investors to reconsider their positions, but as the rating remains Neutral, the overall short-term impact on the stock price is expected to be neutral.
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