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Fly News Breaks for May 29, 2018
K
May 29, 2018 | 06:31 EDT
JPMorgan analyst Ken Goldman says meetings with management solidified his confidence that Kellogg's risk/reward is among the more attractive in the packaged food industry. Management's tone, though focused on the long-term, was constructive regarding both sales and margins, Goldman tells investors in a research note. He believes Kellogg stands out as a relative winner in the space and reiterates an Overweight rating on the shares with a $71 price target.
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