TD Cowen Initiates Coverage On Kraft Heinz with Market Perform Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Robert Moskow has initiated coverage on Kraft Heinz (NASDAQ:KHC) with a Market Perform rating and a price target of $35.

September 13, 2023 | 9:03 am
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NEUTRAL IMPACT
Kraft Heinz has been given a Market Perform rating by TD Cowen with a price target of $35.
The Market Perform rating suggests that TD Cowen expects Kraft Heinz's stock to perform in line with the market average. This could mean that the stock is fairly valued at the moment. The price target of $35 indicates where the analyst believes the stock will trade in the future. This news is highly relevant to Kraft Heinz as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and trading decisions. The confidence in this analysis is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100