Barclays Maintains Underweight on Kellanova, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Underweight rating on Kellanova (NYSE:K) and has lowered the price target from $69 to $57.
October 12, 2023 | 6:29 pm
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Barclays has maintained an Underweight rating on Kellanova and lowered the price target from $69 to $57.
The lowered price target by Barclays indicates a bearish outlook for Kellanova. This could potentially lead to a decrease in the stock price in the short term as investors adjust their expectations based on this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100