Barclays Maintains Equal-Weight on Kraft Heinz, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar has maintained an Equal-Weight rating on Kraft Heinz (NASDAQ:KHC) but lowered the price target from $40 to $38.
July 20, 2023 | 11:47 am
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Barclays has maintained an Equal-Weight rating on Kraft Heinz but lowered the price target from $40 to $38.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Kraft Heinz's stock price.
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