This Kraft Heinz Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Monday – Chewy (NYSE:CHWY), Herc Holdings (NYSE:HRI)

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Morgan Stanley analyst Megan Alexander initiated coverage on The Kraft Heinz Company KHC with an Underweight rating and announced a price target of $29. Kraft Heinz shares closed at $29.52 on Friday. See how other analysts view this stock.
• Seaport Global analyst Aaron Kessler initiated coverage on Chewy, Inc. CHWY with a Neutral rating. Chewy shares closed at $33.86 on Friday. See how other analysts view this stock.
• Leerink Partners analyst Michael Cherny initiated coverage on Medpace Holdings, Inc. MEDP with a Market Perform rating and announced a price target of $330. Medpace shares closed at $324.23 on Friday. See how other analysts view this stock.
• Macquarie analyst Steve Koenig initiated coverage on HubSpot, Inc. HUBS with an Outperform rating and announced a price target of $730. HubSpot shares closed at $606.27 on Friday. See how other analysts view this stock.
• Citigroup analyst Kyle Menges initiated coverage on Herc Holdings Inc. HRI with a Buy rating and announced a price target of $165. Herc Holdings shares closed at $135.61 on Friday.  See how other analysts view this stock.

Considering buying KHC stock? Here’s what analysts think:

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