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Stock impact report

Piper Sandler Lowers its Price Target on Kraft Heinz (KHC) to $24 from $26 [Yahoo! Finance]

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: Yahoo! Finance
On March 23, 2026, Piper Sandler lowered the price target on The Kraft Heinz Company (NASDAQ:KHC) to $24 from $26 and maintained a Neutral rating. Piper Sandler said the company's shift toward increased investment in its brands and capabilities is “the right thing” and “long overdue,” while noting CEO Steve Cahillane has relevant experience but faces a significant turnaround following years of underinvestment. Piper Sandler added that U.S. retail sales momentum remains pressured, with additional headwinds expected from the rollout of SNAP work requirements. On March 21, 2026, Kraft Heinz Canada announced a C$250M investment to modernize its Mont Royal factory in Montreal, with plans to upgrade plant systems to improve efficiency, sustainability, and innovation. The company said the investment will also support new production volume at the facility, which employs over 1,000 workers, and is intended to strengthen domestic manufacturing and support local communities. President Simon L Show less Read more
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