Piper Sandler Maintains Overweight on Kraft Heinz, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains an Overweight rating on Kraft Heinz (NASDAQ:KHC) but lowers the price target from $42 to $41.
June 20, 2024 | 12:17 pm
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Piper Sandler maintains an Overweight rating on Kraft Heinz but lowers the price target from $42 to $41.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100