Stifel Initiates Coverage On WK Kellogg with Hold Rating, Announces Price Target of $11
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has initiated coverage on WK Kellogg (NYSE:KLG) with a Hold rating and a price target of $11.
October 06, 2023 | 1:36 pm
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WK Kellogg has been initiated with a Hold rating by Stifel with a price target of $11.
The Hold rating from Stifel indicates that the analyst believes WK Kellogg's stock is fairly valued at its current price. The price target of $11 suggests that the analyst does not expect significant price movement in the short term. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100