Piper Sandler Upgrades Kraft Heinz to Overweight, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Kraft Heinz (NASDAQ:KHC) from Neutral to Overweight, maintaining a $42 price target.
May 22, 2024 | 9:34 am
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Piper Sandler has upgraded Kraft Heinz from Neutral to Overweight, maintaining a $42 price target. This upgrade suggests increased confidence in the company's performance and potential for stock price appreciation.
The upgrade from Neutral to Overweight by Piper Sandler indicates a positive outlook on Kraft Heinz's future performance. Maintaining the $42 price target suggests that the analyst believes the stock has room to grow, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100