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| September 10, 2012 |
| 05:57 EDT |  | KFT | Kraft Foods sell-off on 2013 guidance overdone, says Citigroup
Citigroup continues to believe the separation of Kraft Foods will unlock significant value. Citi tells investors to not get distracted by the company's 2013 guidance and views Friday's pullback in shares as overdone. The firm raised its price target for shares to $48 from $46 and maintains a Buy rating on Kraft. |
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