BofA upgraded Kellanova to Buy from Neutral with a price target of $70, up from $62, after the company reported what the firm calls its third straight solid quarter since the spin of North American Cereal in October of last year, signifying strength across its portfolio. The firm sees “building blocks in place for momentum to continue,” the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on K: