UBS Maintains a 'Buy' on Heinz (HNZ); Growing, Pruning, and Reinvesting

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UBS maintains a 'Buy' on Heinz (NYSE: HNZ) price target of $62.00.

Analyst, David Palmer made positive comments on the stock this morning. Yesterday, HNZ reported Q1 EPS of $0.87, $0.07 better than the consensus estimate. Revenues were $2.79 million vs the consensus estimate of $2.84 million.

For an analyst ratings summary and ratings history on Heinz click here. For more ratings news on Heinz click here.

Shares of Heinz closed at $56.12 yesterday, with a 52 week range of $48.54-$58.31.

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