Why Wall Street Sees a Big Upside for Kraft Heinz Stock

Wall Street analysts have long favored Kraft Heinz (KHC) stock and maintain a positive outlook on its prospects. Analysts’ optimism is based on the observation that the industry’s consolidation is expected to benefit Kraft Heinz stock. The company expects to acquire a fast-growing brand that could accelerate its sales and earnings growth rate. Kraft Heinz stock has already declined 28.5% on a year-to-date basis, and the downside looks limited at this price.