Kraft Heinz (KHC) July weekly (29) option implied volatility at 67 into quarter results
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Kraft Heinz (KHC) Further 'Underperformance Seems Unlikely'
July 28, 2022 10:02 AM EDTKraft Heinz (NASDAQ: KHC) reported results Wednesday, topping earnings and revenue expectations, but its share price closed the session 5.95% lower.
However, analysts at Stifel and Goldman Sachs upgraded the stock, with one stating that further underperformance seems unlikely.
Goldman Sachs analyst Jason English said in a note to investors that following the results, they were surprised the stock sold... More
Goldman Sachs Upgrades Kraft Heinz Company (KHC) to Neutral
July 27, 2022 4:28 PM EDTGoldman Sachs analyst Jason English upgraded Kraft Heinz Company (NASDAQ: KHC) from Sell to Neutral with a price target of $37.00.
The analyst comments "KHC reported a roughly in-line quarter with organic sales beating while gross margins missed, as has been the common pattern in Food this quarter. As a result, it raised its full year sales outlook, while keeping EBITDA... More
