Why The Kraft Heinz Company (KHC) is One of the Best Confectionery, Cookie, and Snacks Stocks to Buy

The Kraft Heinz Company (NASDAQ:KHC) is one of the best confectionery, cookie, and snack stocks to buy. On February 3, UBS reaffirmed a Hold rating on the stock and set a price target of $24. The Kraft Heinz Company (NASDAQ:KHC) also received rating updates from Stifel Nicolaus and BNP Paribas on January 21. Stifel reaffirmed a Hold rating on the shares and set a price target of $26, while BNP Paribas downgraded The Kraft Heinz Company (NASDAQ:KHC) to Underperform from Neutral with a $22 price target.

UBS Maintains Neutral Stance on Kraft Heinz (KHC) Ahead of Q3 Results

The same day, JPMorgan also cut the price target on the stock to $24 from $25 while maintaining a Neutral rating on the shares. The rating update came ahead of the company’s fiscal Q4 earnings release on February 11, with JPMorgan stating that it expects the company’s volume pressures to continue in 2026. According to the firm, The Kraft Heinz Company (NASDAQ:KHC) is experiencing ongoing volume declines and likely stepped up investments this year.

Jefferies also cut the price target on The Kraft Heinz Company (NASDAQ:KHC) to $23 from $24 on January 20, reiterating a Hold rating on the shares. The firm continues to adopt a cautious stance, primarily due to factors such as a difficult consumer backdrop, investment needs, continued demand challenges, and uncertainty on the outlook for the post-split businesses.

The Kraft Heinz Company (NASDAQ:KHC) manufactures and distributes packaged food and beverages worldwide. Its offerings include cheese and dairy products, meals, tomato products, condiments, meats, sauces, refreshment beverages, and more. Its geographical segments of operation include North America and  International Developed Markets.

While we acknowledge the potential of KHC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KHC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.