Morgan Stanley Maintains Equal-Weight on Kellanova, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman maintains an Equal-Weight rating on Kellanova (NYSE:K) and has lowered the price target from $68 to $57.
November 09, 2023 | 2:18 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Kellanova but lowered the price target from $68 to $57.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Kellanova's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100