RBC Capital Reiterates Outperform as Kraft Heinz (KHC) Makes Plans for 'Big Bets' This Year

JPMorgan Upgrades Kraft Heinz Company (KHC) to Overweight

February 26, 2016 7:11 AM EST

JPMorgan upgraded Kraft Heinz Company (NASDAQ: KHC) from Neutral to Overweight with a price target of $85.00 (from $78.00).

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

Shares of Kraft Heinz Company closed at $74.96 yesterday.

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Kraft Heinz (KHC) Reports Q4 EPS of $0.62

February 25, 2016 4:15 PM EST

Kraft Heinz (NASDAQ: KHC) reported Q4 EPS of $0.62, versus $0.56 reported last year. Revenue for the quarter came in at $7.12 billion, versus $7.5 billion reported last year.

The important integration work and financial results we delivered in 2015 set a solid base on which we can drive... More

Wall Street rallies as battered investors eye support

February 25, 2016 7:30 AM EST

By Noel Randewich

(Reuters) - Wall Street posted solid gains on Thursday as higher oil prices reduced fears that banks could be hit by debt defaults and investors saw opportunities after weeks of volatility.

The second uptick in two days for stocks was helped by a 3-percent jump in oil, which has been a major influence on markets this year as investors view weak energy demand as a sign of sluggish global growth.

The S&P 500 has recovered 6 percent in the past nine sessions but remains down almost 5 percent in 2016 as oil hovers near decade lows.... More

Trading Radar for 2/25: Baidu (BIDU), Best Buy (BBY), Sears (SHLD), Weight Watchers (WTW) Report

February 24, 2016 2:50 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 270kContinuing Claims - Street sees 2.268MDurable Orders - Street sees 2.0%

9:00am EST

FHFA Home Price Index - no Street consensus

Earnings:

AB InBev SA (NYSE: BUD) - consensus EPS $1.23
ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus EPS $0.47
AMC Networks (Nasdaq:... More

RBC Capital Cuts Estimates Ahead of Kraft Heinz's (KHC) 4Q Earnings Due to FX Headwinds - Reiterates Outperform

February 24, 2016 7:08 AM EST

RBC Capital reiterated an Outperform rating and $88.00 price target on Kraft Heinz Company (NASDAQ: KHC), ahead of the company's 4Q earnings release. RBC lowered 4Q EPS estimates from $0.59 to $0.57, largely due to additional FX drag. 2016 and 2017 EPS estimates are cut from $2.88 and $2.93 to... More

UPDATE: UBS Starts Kraft Heinz Company (KHC) at Buy

February 24, 2016 6:46 AM EST

(Updated - February 24, 2016 9:15 AM EST)

UBS initiated coverage on Kraft Heinz Company (NASDAQ: KHC) with a Buy rating and a price target of $87. Analyst Steven Strycula said the company's strategy is misunderstood.

"Consensus views KHC as a singularly focused 3G-operated... More