Deutsche Bank Upgrades Kraft Foods to “Buy” (KFT)
Kraft Foods (NYSE:KFT) was upgraded by equities research analysts at Deutsche Bank to a “buy” rating in a research note issued to investors on Wednesday, ARN reports.
KFT has been the subject of a number of other recent research reports. Analysts at Morgan Stanley upgraded shares of Kraft Foods to an “overweight” rating in a research note to investors on Tuesday, December 10th. Separately, analysts at RBC Capital initiated coverage on shares of Kraft Foods in a research note to investors on Tuesday, November 26th. They set an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Kraft Foods from $58.00 to $56.00 in a research note to investors on Monday, November 11th. They now have a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Kraft Foods has an average rating of “Hold” and an average target price of $56.83.
Kraft Foods Inc (NYSE:KFT) is a food company.
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