Citigroup Maintains Buy on Kraft Heinz, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer maintains a Buy rating on Kraft Heinz but lowers the price target from $41 to $39.
October 09, 2024 | 9:33 pm
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Citigroup analyst Thomas Palmer maintains a Buy rating on Kraft Heinz but lowers the price target from $41 to $39.
The Buy rating suggests continued confidence in Kraft Heinz's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100