On Jan 08, major Wall Street analysts update their ratings for $The Kraft Heinz (KHC.US)$, with price targets ranging from $31 to $35.
Barclays analyst Andrew Lazar maintains with a hold rating, and adjusts the target price from $35 to $33.
Wells Fargo analyst Christopher Carey maintains with a hold rating, and adjusts the target price from $35 to $31.
Evercore analyst David Palmer downgrades to a hold rating, and adjusts the target price from $38 to $35.
TD Cowen analyst Robert Moskow maintains with a hold rating, and adjusts the target price from $34 to $32.
Furthermore, according to the comprehensive report, the opinions of $The Kraft Heinz (KHC.US)$'s main analysts recently are as follows:
2025 is anticipated to be a challenging year for the food and beverage industry, largely owing to a low likelihood of significant regulatory changes. Additionally, slow adoption and a high dropout rate in GLP-1 usage, combined with the normalization of value-seeking shopping behaviors as consumers adjust to increased prices and experience benefits from wage inflation, are contributing factors. It's suggested that many food and beverage brands should consider lowering their price points and restructuring their margins to enhance their value perception among consumers.
The downgrade reflects a continuation of 12-week measured channel sales weakness, showing a 4% decline year-over-year, along with limited visibility on when sales will stabilize. It is likely that increased investment spending may be necessary, which could pose a risk to gross margins. Current estimates stand below the consensus for 2025.
Here are the latest investment ratings and price targets for $The Kraft Heinz (KHC.US)$ from 4 analysts:
Note:
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