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Bernstein Keeps Their Sell Rating on Kraft Heinz (KHC)

Tipranks - Tipranks - Wed Jul 1, 1:42PM CDT

Bernstein analyst Alexia Burland Howard maintained a Sell rating on Kraft Heinz today and set a price target of $21.00.

End of Quarter Sale - 70% Off

According to TipRanks, Burland Howard is an analyst with an average return of -8.8% and a 38.04% success rate. Burland Howard covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, General Mills, and The Hershey Company.

Kraft Heinz has an analyst consensus of Hold, with a price target consensus of $22.29.

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Based on Kraft Heinz’s latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $6.05 billion and a net profit of $798 million. In comparison, last year the company earned a revenue of $6 billion and had a net profit of $712 million

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Diana Frost, the Glbl Chief Growth Officer of KHC sold 18,502.00 shares for a total of $426,471.10.

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