RBC Capital Maintains Sector Perform on Kellanova, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi maintains a Sector Perform rating on Kellanova (NYSE:K) and raises the price target from $60 to $62.
August 02, 2024 | 8:19 pm
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RBC Capital analyst Nik Modi maintains a Sector Perform rating on Kellanova and raises the price target from $60 to $62.
The raised price target from $60 to $62 by RBC Capital indicates a positive outlook on Kellanova's stock, which could lead to a short-term increase in its stock price. However, the Sector Perform rating suggests that the stock is expected to perform in line with the market, moderating the overall impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100