RBC Capital Reiterates Sector Perform on Kellogg, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated a 'Sector Perform' rating on Kellogg (NYSE:K) and maintained a $70 price target.
September 13, 2023 | 1:02 pm
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NEUTRAL IMPACT
Kellogg's stock rating has been reiterated as 'Sector Perform' by RBC Capital, with a maintained price target of $70.
The reiteration of the 'Sector Perform' rating and maintained price target by RBC Capital indicates that the analyst believes Kellogg's stock will perform in line with the sector average. This is neither a strong buy nor sell signal, hence the neutral score. The relevance is high as the news directly pertains to Kellogg. The importance is moderate as price targets and ratings can influence investor sentiment. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100