Kraft Heinz misses sales estimates as U.S. demand weakens

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Kraft Heinz Company (KHC) PT Lowered to $80 at Susquehanna; Remains Sidelined

November 2, 2017 8:52 AM EDT

Susquehanna lowered its price target on Kraft Heinz Company (NASDAQ: KHC) to $80.00 (from $83.00) while maintaining a Neutral rating following the company's 3Q earnings report. Sales and EBITDA came in only slightly below consensus.

The company noted EBITDA growth acceleration into 4Q,... More