Kraft Foods higher after promising upgrade

Kraft Food (KRFT) is upgraded to an Overweight rating by Morgan Stanley.

The investment firm raises its price target on the food company to $60.

KRFT +1.7% premarket.

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Comments (2)
  • mulligan2
    , contributor
    Comments (127) | Send Message
    Just goes to show you, don't dump a stock just because analysts are down on it. Glad I hung on!
    9 Dec 2013, 05:03 PM Reply Like
  • Sunshine123
    , contributor
    Comments (1158) | Send Message
    mulligan2 - You got that right. For the most part, I ignore analysts. I use common sense, and that gets me a lot farther.
    10 Dec 2013, 10:29 AM Reply Like
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