Form 8-K Kraft Heinz Co For: Jul 27

Go back to Form 8-K Kraft Heinz Co For: Jul 27

Goldman Sachs Upgrades Kraft Heinz Company (KHC) to Neutral

July 27, 2022 4:28 PM EDT

Goldman 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