Deutsche Bank finds Kraft Foods 'compelling'

Kraft Foods (KRFT) is upgraded by Deutsche Bank to a Buy rating from Neutral.

The price target on the food company is raised to $59 with KRFT trading at a discount to peers.

Analyst Eric Katzman finds the stock appealing due in part to the changing culture at the company which has been installed by CEO Tony Vernon.

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Comments (1)
  • PeakOiler
    , contributor
    Comments (299) | Send Message
    I find Kraft dinner 'compelling' too, add some weenies, a can of peas and a tall glass of Spumanti Bambino, yeehaw. Love those analysts who can't be more specific than 'compelling', one of the most overused words in the market lexicon.
    8 Jan 2014, 09:11 AM Reply Like
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