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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100