Barclays Maintains Equal-Weight on Kraft Heinz, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Equal-Weight rating on Kraft Heinz (NASDAQ:KHC) but lowers the price target from $36 to $35.
November 01, 2024 | 5:26 pm
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Barclays analyst Andrew Lazar has maintained an Equal-Weight rating on Kraft Heinz but has lowered the price target from $36 to $35.
The lowering of the price target by Barclays suggests a slightly negative outlook on Kraft Heinz's stock performance, which could lead to a short-term decrease in stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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