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KHC

Kraft Heinz

$22.97 /

+2.22 (+10.70%)

05:35
03/25/20
03/25
05:35
03/25/20
05:35

JPMorgan upgrades Kraft Heinz to Overweight on eat-at-home trend

JPMorgan analyst Ken Goldman upgraded Kraft Heinz to Overweight from Neutral with an unchanged price target of $29. Though the analyst continues to have a number of structural, longer-term concerns about Kraft Heinz's portfolio and margin profile, he thinks investors right now should own retail-centric packaged food companies with higher levels of debt. Kraft Heinz should be a solid beneficiary of eating-at-home, Goldman tells investors in a research note. The analyst calls the upgrade a "tactical" call.

KHC Kraft Heinz
$22.97 /

+2.22 (+10.70%)

03/25/20 JPMorgan
Kraft Heinz upgraded to Overweight from Neutral at JPMorgan
03/20/20 Guggenheim
Guggenheim upgrades five 'battered' food and beverage stocks
03/20/20 Guggenheim
Kraft Heinz upgraded to Neutral from Sell at Guggenheim
03/13/20
Fly Intel: Top five analyst upgrades

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