大行评级丨小摩：下调卡夫亨氏目标价至22美元，评级降至“减持”

Group 1 - Morgan Stanley has lowered Kraft Heinz's target price from $24 to $22, changing the rating from "Neutral" to "Underweight" [1] - The downgrade is based on the company's weak earnings outlook for 2026 and ongoing decline in North American sales [1] - There are risks associated with higher spending that may take time to yield results [1]