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Is Kraft Heinz's Organic Sales In The Right Direction? This Analyst Doesn't Think So And Downgrades Stock
Summary
BofA Securities analyst Peter T. Galbo has downgraded Kraft Heinz from Buy to Underperform, lowering the price target from $36 to $30. This comes after disappointing fourth-quarter results and an underwhelming FY25 outlook, signaling limited organic sales growth for KHC in the coming year.
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Read Full ArticleArticle published on February 13, 2025 by benzinga