WK Kellogg Co Announces First Quarter Financial Results; Company Reaffirms 2024 Guidance

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WK Kellogg (KLG) PT Raised to $23 at Evercore ISI

May 8, 2024 5:17 AM EDT

Evercore ISI analyst David Palmer raised the price target on WK Kellogg (NYSE: KLG) to $23.00 (from $21.00) while maintaining a In Line rating.

The analyst comments "KLG's valuation discount (10x 2024e EV/EBITDA vs. 11.5x for grocery food peers) has narrowed since... More