Piper Sandler Maintains Overweight on Kraft Heinz, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains an Overweight rating on Kraft Heinz but lowers the price target from $41 to $40.
October 31, 2024 | 6:30 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Kraft Heinz but reduces the price target from $41 to $40, indicating a slight decrease in expected stock performance.
The Overweight rating suggests a positive outlook, but the lowered price target indicates a slight reduction in expected performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100