Kraft Heinz Company (KHC) PT Lowered to $36 at Credit Suisse
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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
