Is Kraft Heinz's Organic Sales In The Right Direction? This Analyst Doesn't Think So And Downgrades Stock
1. BofA downgraded KHC from Buy to Underperform, price target cut to $30. 2. Limited organic sales growth expected for the next 12 months. 3. Competitors are adjusting EPS forecasts while KHC struggles with revenue. 4. Analyst revised 2025-2026 EPS estimates down to $2.65 and $2.70. 5. Challenges in core product categories may persist until late 2025.