Reported 1 day ago
Kraft Heinz (KHC) is trading near its 52-week low due to weak consumer demand, prompting Goldman Sachs to reduce its price target from $27 to $25 while maintaining a Sell rating. Despite these challenges, the company reported strong cash flow for Q1 2025 and anticipates brand growth to constitute 40% of its business by year-end. However, tight margins are expected in Q2 2025 due to rising commodity prices and increased market expenditures.
Source: YAHOO