Citi Maintains Buy Rating on Shares of Kraft Foods Inc

Citi maintains its Buy rating on shares of Kraft Foods Inc (KFT) today.

Citi reports,"We expect Kraft's 1Q11 earnings to be challenged by significant commodity cost pressures, which are likely toweigh on margins in the quarter, although margin trends should improve over the course of 2011 as higher product prices begin to take hold, and Kraft realizes more cost synergies from its Cadbury acquisition."

Shares of Kraft Foods Inc. closed at 33.58 on Friday.