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Benzinga

Business

Adam Eckert

Why Kraft Heinz Shares Are Falling Today

Kraft Heinz KHC UBS Kraft Heinz Co Nasdaq NYSE

The Kraft Heinz Co (NASDAQ:KHC) shares are trading lower Thursday following bearish analyst coverage from UBS.

UBS analyst Cody Ross downgraded Kraft Heinz from a Neutral rating to a Sell rating and lowered the price target from $40 to $34, citing inflationary pressures.

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Top stories on inkl right now

The Latest: Isaias weakens after making landfall as Category 2 hurricane

Isaias weakened quickly after making landfall on the U.S. Gulf Coast near Destin, Florida, as a Category 2 hurricane Friday evening

The Independent UK

Two dead as Isaias weakens to post-tropical cyclone after striking Florida panhandle

Deaths came from falling trees as nearly a million people are without power and rain and flooding remain a concern

The Guardian - US

United Auto Workers president Shawn Fain easily wins re-election

Fain was dogged by investigation but still decisively beat challenger Rich Boyer, who received just 13% of vote

The Guardian - US

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

The Trump administration has cut Medicaid coverage for hundreds of thousands of legal immigrants, including refugees and trafficking victims

The Independent UK

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Six men on how they plan to stand up against rape culture

While most of the crowd at a Stop Sexual Violence rally in New York City was mostly women, men of all ages were in attendance too

The Guardian - US

Isaias slams Gulf Coast as hurricane with powerful winds and dangerous flooding

GULF BREEZE, Fla. (AP) — Isaias crashed into the U.S. Gulf Coast on Friday as a dangerous Category 2 hurricane, hammering communities in Alabama and the Florida Panhandle with damaging winds, heavy rain, flooding and life-threatening storm surges.

The Independent UK

Top stories on inkl right now

The Latest: Isaias weakens after making landfall as Category 2 hurricane

Isaias weakened quickly after making landfall on the U.S. Gulf Coast near Destin, Florida, as a Category 2 hurricane Friday evening

The Independent UK

Two dead as Isaias weakens to post-tropical cyclone after striking Florida panhandle

Deaths came from falling trees as nearly a million people are without power and rain and flooding remain a concern

The Guardian - US

United Auto Workers president Shawn Fain easily wins re-election

Fain was dogged by investigation but still decisively beat challenger Rich Boyer, who received just 13% of vote

The Guardian - US

Trump's Medicaid cuts strip refugees and other legal immigrants of their health coverage

The Trump administration has cut Medicaid coverage for hundreds of thousands of legal immigrants, including refugees and trafficking victims

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Six men on how they plan to stand up against rape culture

While most of the crowd at a Stop Sexual Violence rally in New York City was mostly women, men of all ages were in attendance too

The Guardian - US

Isaias slams Gulf Coast as hurricane with powerful winds and dangerous flooding

The Independent UK

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Why Is There So Much Liquid in Packaged Chicken?

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