Deutsche Bank Downgrades Kraft Foods To Hold

Analysts at Deutsche Bank downgraded Kraft Foods

from Buy to Hold. The target price for Kraft Foods has been lowered from $62.00 to $59.00. Kraft Foods shares have surged 0.18% over the past 52 weeks, while the S&P 500 index has gained 16.87% in the same period. Kraft Foods' shares dropped 0.90% to close at $57.24 yesterday.