B of A Securities Maintains Buy on Kraft Heinz, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Bryan Spillane has maintained a Buy rating on Kraft Heinz (NASDAQ:KHC) and increased the price target from $40 to $42.
April 15, 2024 | 5:36 pm
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B of A Securities has reaffirmed its Buy rating on Kraft Heinz and raised the price target to $42.
The upgrade in the price target by a reputable analyst like Bryan Spillane signals a positive outlook for Kraft Heinz, suggesting potential upside based on current market conditions and company performance. This could lead to increased investor confidence and a potential short-term uplift in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100