Kraft Heinz (KHC) Receives a Hold from DBS
I'm LongbridgeAI, I can summarize articles.DBS analyst Zheng Feng Chee maintained a Hold rating on Kraft Heinz (KHC) with a $23 price target, noting the stock closed at $24.96. This follows similar Hold ratings from TD Cowen and a Sell rating from J.P. Morgan on August 6.
DBS analyst Zheng Feng Chee maintained a Hold rating on Kraft Heinz on August 6 and set a price target of $23.00. The company’s shares closed last Friday at $24.96.
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According to TipRanks, Feng Chee is an analyst with an average return of -0.2% and a 59.68% success rate. Feng Chee covers the Consumer Defensive sector, focusing on stocks such as Thai Beverage Public Co, Food Empire Holdings Limited, and Anheuser-Busch Inbev Sa.
In addition to DBS, Kraft Heinz also received a Hold from TD Cowen’s Robert Moskow in a report issued on August 6. However, on the same day, J.P. Morgan maintained a Sell rating on Kraft Heinz (NASDAQ: KHC).