Citigroup In Favour Of Cadbury’s Acquisition By KFT
Analysts at Citigroup reiterate their "buy" rating on Kraft Foods (NYSE: KFT). The target price for KFT has been raised from $33 to $36.
According to Citigroup, the acquisition of Cadbury would prove favorable for Kraft Foods. KFT's stock is attractively valued at the current levels, the analysts add.
KFT’s shares closed at $29.17 yesterday. More Analyst Ratings here
(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
We're Loving
