Kellanova shares are trading lower after Stifel maintained a Hold rating on the stock and lowered its price target from $71 to $56.
Portfolio Pulse from Benzinga Newsdesk
Kellanova's stock price is trading lower after Stifel maintained a Hold rating on the stock and lowered its price target from $71 to $56.
October 06, 2023 | 2:19 pm
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Kellanova's shares are trading lower due to Stifel's maintained Hold rating and reduced price target from $71 to $56.
The reduction in price target by Stifel indicates a less optimistic outlook for Kellanova, which is likely to negatively impact investor sentiment and thus the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100