Kellanova shares are trading lower after RBC lowered its price target on the stock from $70 to $60.
Portfolio Pulse from Benzinga Newsdesk
RBC has lowered its price target on Kellanova shares from $70 to $60, causing the stock to trade lower.
October 05, 2023 | 7:11 pm
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NEGATIVE IMPACT
RBC's lowered price target on Kellanova shares from $70 to $60 has led to a decrease in the stock's trading price.
The lowering of the price target by RBC indicates a less optimistic outlook for Kellanova, which has led to a decrease in the stock's trading price. This is likely to have a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100