WK Kellogg price target raised to $12 from $11 at Barclays

Barclays raised the firm’s price target on WK Kellogg to $12 from $11 and keeps an Underweight rating on the shares. The analyst says WK Kellogg’s spin from Kellogg is “off to a smart start,” although the firm still thinks there is some uncertainty in how sustainable this start could ultimately prove to be.