Deutsche Bank analyst Rob Dickerson downgraded Kraft Heinz to Hold from Buy and lowered his price target for the shares to $52 from $58. The analyst's analysis shows store brands continue to increase distribution points and take share in the majority of Kraft Heinz's largest categories. This is happening while Kraft Heinz has increased its promotional activity and further reduced price gaps, Dickerson tells investors in a research note. He believes management is taking the appropriate steps by aligning its objectives and improving its relations with customers in order to "rebalance the retail ecosystem." The analyst, however, finds it prudent to "let the dust settle on the base business before becoming more constructive once again."