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Fly News Breaks for November 4, 2015
K
Nov 4, 2015 | 06:45 EDT
Credit Suisse upgraded Kellogg to Neutral and raised its price target to $72 from $66 on shares. Analyst Robert Moskow said the business is showing signs of stabilization and management has indicated a willingness to drop savings to the bottom line to deliver stronger results. Moskow believes management is acting with a sense of urgency and will deliver on its promise to return 6-8% earnings growth in 2016.
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