Stifel Maintains Hold on WK Kellogg, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has maintained a Hold rating on WK Kellogg (NYSE:KLG) and increased the price target from $11 to $13.
January 25, 2024 | 3:10 pm
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Stifel analyst Matthew Smith reaffirmed a Hold rating on WK Kellogg and raised the price target to $13, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests an improved valuation of WK Kellogg, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Hold rating indicates that the analyst does not see significant momentum beyond the new target price in the near term.
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