The Kraft Heinz Co., headquartered in Pittsburgh, manufactures and markets food and beverage products with 36,000 employees. It operates in North America and internationally, offering brands like Heinz, Kraft, and Oscar Mayer.
KHC has been in the news recently: Kraft Heinz plans to split into two companies by late 2026, a decision that has drawn disappointment from investor Warren Buffett. Morgan Stanley has upgraded Kraft Heinz to equal weight with a price target of $29, highlighting potential growth from this strategic move.
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