Thursday, March 11, 2010

Goldman Sachs Resumes Coverage on Kraft Foods (KFT) with a Neutral

March 11, 2010 7:03 AM EST

Goldman Sachs removed the not-rated designation on Kraft Foods (NYSE: KFT) and now rate it Neutral with a $33 12-month price target. The firm said Kraft is still a "show me story."

The firm's EPS estimates are $2.04 for 2010, $2.32 for 2011, and $2.63 for 2012.

StreetInsider.com