Evercore ISI analyst David Palmer maintained a Hold rating on Kraft Heinz (KHC – Research Report) yesterday and set a price target of $45.00. The company's shares closed last Thursday at $37.19. According to TipRanks.com, Palmer is a 5-star analyst with an average return of 6.3% and a 62.3% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, BellRing Brands, and Hostess Brands. Kraft Heinz has an analyst consensus of Hold, with a price target consensus of $41.68, a 13.3% upside from current levels. In a report issued on July 27, Goldman Sachs also upgraded the stock to Hold with a $37.00 price target.
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Kraft Heinz (NASDAQ:KHC)
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