This Just In: Kraft Heinz Stock Upgraded

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

When Goldman Sachs downgraded Kraft Heinz Company (NASDAQ: KHC) stock on Wednesday, negative sentiment from one of the biggest names on Wall Street helped to shave a nickel off of Kraft Heinz's stock price. But today Kraft shares are getting a vote of confidence.

For this, you can thank the friendly bankers at Piper Jaffray.

Source: Fool.com