Goldman Sachs Maintains Sell on Kraft Heinz, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Leah Jordan maintains a Sell rating on Kraft Heinz and lowers the price target from $34 to $32.
October 31, 2024 | 10:11 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs analyst Leah Jordan maintains a Sell rating on Kraft Heinz and lowers the price target from $34 to $32.
The Sell rating and lowered price target from a major financial institution like Goldman Sachs is likely to negatively impact Kraft Heinz's stock price in the short term. The reduced price target suggests a bearish outlook on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100