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Credit Suisse Raises Price Price Target on Kraft Heinz (KHC) to $100; Reiterates Outperform

August 16, 2016 11:07 AM EDT

Credit Suisse reiterated an Outperform rating on Kraft Heinz Company (NASDAQ: KHC), and raised the price target to $100.00 (from $98.00), after adjusting estimates.

Analyst Robert Moskow commented, "We are raising our target price for Kraft Heinz to $100/share and our 2017 EBITDA estimate... More