Barclays Maintains Underweight on WK Kellogg, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Underweight rating on WK Kellogg (NYSE:KLG) and lowers the price target from $19 to $16.
July 19, 2024 | 7:05 pm
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Barclays analyst Andrew Lazar has maintained an Underweight rating on WK Kellogg and reduced the price target from $19 to $16, indicating a bearish outlook.
The Underweight rating and lowered price target from $19 to $16 by Barclays suggest a negative outlook on WK Kellogg's stock. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
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