Jefferies and Goldman Sachs raise Kraft Heinz price target and rating to Neutral

From Yahoo Finance: 2025-06-29 03:03:00

The Kraft Heinz Company (NASDAQ:KHC) is among 10 consumer defensive stocks to consider. Goldman Sachs raised its rating on KHC to Neutral from Sell, with a price target of $27. Despite ongoing sales pressures, the upgrade reflects a more balanced risk/reward outlook. Jefferies also raised KHC’s price target and upgraded its rating to Neutral. The company’s iconic brands are seen as a key asset, and a strategic review could lead to shareholder-accretive actions. While KHC faces challenges, the potential for upside is now viewed more favorably. For those seeking AI stocks with higher returns, there are options beyond KHC.



Read more at Yahoo Finance: Jefferies Raises Kraft Heinz (KHC) Price Target, Raises Rating to Neutral