Kellogg (K) Tops Q2 EPS by 4c; Affirms Guidance

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Kellogg (K) PT Lowered to $78 at BMO Capital on 2Q; 'Reduce 2018 Estimates on Ongoing Macro Challenges'

August 4, 2017 9:13 AM EDT

BMO Capital lowered its price target on Kellogg (NYSE: K) to $78.00 (from $85.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.

Analyst Kenneth Zaslow notes the company delivered second quarter earnings per share and revenues results ahead of consensus... More

JPMorgan Upgrades Kellogg (K) to Overweight

August 4, 2017 5:36 AM EDT

JPMorgan upgraded Kellogg (NYSE: K) from Neutral to Overweight with a price target of $78.00 (from $76.00).

Analyst Ken Goldman believes consensus estimate appear "light" and notes that DSD transition risk has diminished.

FY 2017 EPS estimate rises from $3.93 to $3.97 and FY 2018 EPS estimate rises... More