JPMorgan said that Krispy Kreme may be overestimating its product demand when in reality, its brand novelty has diminished.
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JPMorgan's revised forecast implies a 12% downside for shares of Kraft Heinz.
Executives are racing to boost revenues at the struggling doughnut maker as sales slump and shares tumble.
Morgan Stanley now sees shares of Kraft Heinz popping 11% from here.
The bank upgraded DraftKings to overweight from equal weight.
The bank upgraded the South Korean retail giant to buy from hold.
Lofty investor expectations for growth and a balanced risk-reward ratio make shares of Starbucks less compelling, according to…
