As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup and Capri Sun — wants to give them a break from inflation this year.

Kraft Heinz said it plans to cut prices on some products this year to improve sales. But some analysts are skeptical whether promotions alone would be enough. “Kraft Heinz has w

Shares of food producer Kraft Heinz (NASDAQ: KHC) posted a significant price drop on Wednesday morning. A mixed fourth-quarter report left a bad taste in investors' mouths, and the stock opened 7.9% lower.

Stifel analysts adjusted their outlook on Kraft Heinz Company (NASDAQ:KHC) stock, reducing the price target from $32.00 to $31.00 while maintaining a Hold rating. The revision follows Kraft Heinz's release of its fourth-quarter earnings,