Piper Sandler Downgrades The Kraft Heinz(KHC.US) to Hold Rating, Cuts Target Price to $35

Moomoo News · Nov 19 03:36 · Ratings

Piper Sandler analyst Michael Lavery downgrades $The Kraft Heinz (KHC.US)$ to a hold rating, and adjusts the target price from $40 to $35.

According to TipRanks data, the analyst has a success rate of 53.2% and a total average return of 6.0% over the past year.

AnalystRecentRatingAutoNews_211160_20241118_f8fbdbb01c2139c22c8a3bc574d34bcc54399714_1731976302654983_mm_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

Piper Sandler Downgrades The Kraft Heinz(KHC.US) to Hold Rating, Cuts Target Price to $35

Risk Disclaimer