JP Morgan Maintains Neutral on Kellanova, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ken Goldman maintains a Neutral rating on Kellanova (NYSE:K) and raises the price target from $59 to $66.

May 03, 2024 | 7:37 pm
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JP Morgan analyst Ken Goldman maintains a Neutral rating on Kellanova and raises the price target from $59 to $66.
The increase in price target by JP Morgan reflects a positive outlook on Kellanova's financial performance or market position, likely leading to increased investor confidence and potentially a short-term increase in stock price. However, the Neutral rating suggests that the stock might already be fairly valued, tempering expectations for a significant price surge.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100