HomeLifestyleFood & BeverageCFRA's Ratings On Kroger, Kraft Heinz Amid Pandemic-Related Slowdown
CFRA's Ratings On Kroger, Kraft Heinz Amid Pandemic-Related Slowdown

Arun Sundaram discusses the CFRA's sell rating and price target of $34 dollars a share on Kroger, noting that many of the forces that pummeled the industry pre-pandemic have either remained intact or strengthened. He also talks Kraft Heinz, with the stock currently in a multi-year turnaround. Sundaram however does acknowledge that cost inflation is becoming a regular concern throughout the packaged food space.

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