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0.00104202848211176 0.000868357068426488 0.00228204237582493 -0.00292115317818697 -0.00579020493226823 -0.00573115665161524 -0.000868357068426611 -0.000173671413685396
Stock impact report

Kraft Heinz Shares Lifted to Overweight at Wells Fargo [TheStreet.com]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: TheStreet.com
Kraft Heinz(KHCGet ReportHe also increased his price target to $38 from $28.Baumgartner wrote in a report that he likes "food stories with a low bar," the Fly reports. And Kraft Heinz certainly lives up to that billing.The company has been reeling ever since Warren Buffett’s Berkshire HathawayBRK.AThe stock has dropped 63% over the past five years and 10% over the past three months. Kraft Heinz stock recently traded at $28.53, up 1.7%.Analysts complain that under 3G’s direction the company simply cut costs rather than trying to revitalize. Kraft Heinz brands were seen as old and tired.But Baumgartner says the company’s mix of brands isn’t as "off-trend" as the stock’s bears contend.Much of Kraft Heinz’s revenue comes from the top 20% of income-earning households and from consumers aged 34 and under, he said.The company’s internal savings can finance reinvestment, and it has new growth initiatives in U.S. categories, Baumgartner said.Kraft Heinz posted a 6% increase in organic sales d Show less Read more
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