Bernstein Upgrades Kraft Heinz Company (KHC) to Outperform, 'better positioned relative to peers'

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Cheap valuations prompt Bernstein to raise J. M. Smucker (SJM) and Kraft Heinz (KHC)

November 14, 2023 7:56 AM EST

Bernstein analyst Alexia Howard upgraded shares of J. M. Smucker (NYSE: SJM) to Market Perform and Kraft Heinz (NASDAQ: KHC) to Outperform in a note to clients on Tuesday.

Howard told investors in a note that companies with greater GLP-1 exposure and worsening Nielsen... More

Mullen (MULN) leases former Kraft (KHC) warehouse for EV production

November 10, 2023 3:40 PM EST

Mullen Automotive (NASDAQ: MULN) secured a lease for a 121,615-square-foot warehouse located in Fullerton, California, on land that had previously housed a food manufacturing plant for many years.

CBRE represented Link Industrial, the owner of the building, in the transaction, and the specific terms of the lease agreement with Mullen were not publicly disclosed.

Mullen... More