Kellanova (K) Tops Q2 EPS by 11c

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Kellanova (K) PT Raised to $78 at CFRA, 'could spur more deal activity'

August 5, 2024 2:01 PM EDT

CFRA analyst Arun Sundaram raised the price target on Kellanova (NYSE: K) to $78.00 (from $67.00) while maintaining a Hold rating.

The analyst comments "According to unconfirmed reports from Reuters and The WSJ, Mars is in discussion to acquire K at a value that... More