Stifel analyst Matthew Smith resumed coverage of Kraft Heinz with a Buy rating and $44 price target. The firm cites improvement in its growth profile due to portfolio reshaping, "robust" price realization, reduced pressure from input cost inflation and strong international growth.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on KHC:
- Kraft Heinz, BEES announce expanded partnership
- Kraft Heinz price target lowered to $46 from $49 at Deutsche Bank
- Kraft Heinz call volume above normal and directionally bullish
- Kraft Heinz backs FY23 adjusted EPS view $2.67-$2.75, consensus $2.73
- Kraft Heinz affirms long term targets at CAGNY conference
