Wells Fargo Maintains Equal-Weight on Kraft Heinz, Lowers Price Target to $23
Wells Fargo analyst Chris Carey maintains Kraft Heinz (NYSE:KHC) with a Equal-Weight and lowers the price target from $25 to $23.
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Wells Fargo analyst Chris Carey maintains Kraft Heinz (NYSE:KHC) with a Equal-Weight and lowers the price target from $25 to $23.
RBC Capital analyst Nik Modi reiterates Kraft Heinz (NYSE:KHC) with a Outperform and maintains $32 price target.
The global functional foods and beverages market is projected to grow from $365.1 billion in 2024 to $591.7 billion by 2030, with a CAGR of 8.6%. Growth is driven by consumer shift toward preventive health nutrition, premiumization, beverage innovation, and expansion in Asia-Pacific. North America leads with 34.3% market share, while emerging technologies like microbiome science and AI-driven personalization reshape competition.