Morgan Stanley Maintains Equal-Weight on Kraft Heinz, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman maintains an Equal-Weight rating on Kraft Heinz (NASDAQ:KHC) and lowers the price target from $39 to $36.
November 02, 2023 | 5:15 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Kraft Heinz and lowered the price target from $39 to $36.
The lowering of the price target by Morgan Stanley 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