kraft foods

Kraft Foods has a potential upside of 4.4% based on a current price of $33.12 and an average consensus analyst price target of $34.56.

Kraft Foods is currently above its 50-day moving average (MA) of $31.43 and above its 200-day of $30.86.

Morgan Stanley downgraded Kraft Foods (NYSE:KFT) to equal-weight from overweight and maintained its $34 price target.

Soleil lowered its 2011 and 2012 estimates for Kraft Foods (KFT) by 10c each, to $2.16 and $2.43, respectively, to reflect the company's loss of the Starbucks (SBUX) coffee distribution business. However, the firm reiterates a Buy

Wal-Mart (WMT) is off almost 1% pre-bell, after JPMorgan cut its rating on the stock to Neutral from Overweight.

Kraft Foods (KFT) is showing signs of recovery, after being hit by lackluster 2010 Q4 results last week. Although the company reported revenue of $13.8 bln, better than the analyst consensus of $13.47 bln on Thomson Reuters, its E

"Consumer shares are mostly down in pre-market trade.

The company said it sees EPS up 11-13% in 2011 and sees revenue up 5%.

Kraft (NYSE:KFT) reported Q4 EPS of 46 cents which was inline with what the Street was expecting. Sales rose 30% year-over-year (26.2% due to Cadbury acquisition) and totaled $13.77 billion, topping expectations of $13.47 billion.

Thursday you'll hear earnings from Goodyear Tire & Rubber, Och Ziff Capital Management, Scripps Networks, PepsiCo, Sprint Nextel, Noble Energy, Chipotle Mexican Grill, Kraft Foods, Cheesecake Factory, Rackspace Hosting, Expedi

India's ministry of finance is investigating whether Kraft Foods (KFT) committed tax evasion in its takeover of Cadbury, reports the New York Times. In a public lawsuit filed last year in the Delhi High Court, a lawyer said the co