Minyanville - 13:53 ET Mar 18, 2010Kraft Foods Inc. (KFT)
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Vincent Andrews
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Morgan Stanleyrather than passing them on to consumers.
Morgan Stanley analyst Vincent Andrews, who has a $32 price target on Kraft, prefers other stocks in the sector as long term investments, including HJ Heinz Co ( ), General Mills Inc ( ), and Kellogg Co ( ). Whether or not Kraft's salt reduction plan will result in a real world sales decrease remains to be seen. It's unclear if the company plans to raise prices to offset any lower sales. The good news for salt lovers is, you've got until 2012 to start hoarding bologna (0) Comments. No positions in stocks mentioned.
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rather than passing them on to consumers.<span class="sent"> Morgan Stanley analyst <span class="analyst">Vincent Andrews</span>, who has a $32 price target on <span class="company">Kraft</span>, prefers other stocks in the sector as long term investments, including HJ Heinz Co ( ), General Mills Inc ( ), and Kellogg Co ( ). Whether or not <span class="company">Kraft</span>'s salt reduction plan will result in a real world sales decrease remains to be seen.</span> It's unclear if the company plans to raise prices to offset any lower sales. The good news for salt lovers is, you've got until 2012 to start hoarding bologna (0) Comments. No positions in stocks mentioned.
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