Kraft Foods Grp (KRFT) Tops Q1 EPS by 9c

Go back to Kraft Foods Grp (KRFT) Tops Q1 EPS by 9c

Kraft Foods (KRFT) Still Buy-Rated at RBC Capital Despite ''Difficult' Q1

May 2, 2014 8:41 AM EDT

RBC Capital analyst David Palmer reiterated an Outperform rating and $60 price target on Kraft Foods Group (NASDAQ: KRFT) despite a 'difficult' Q1.

Palmer commented, "We are maintaining our 2014 EPS estimate of $3.19 for Kraft Foods Group. While 1Q was a difficult quarter... More