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K

Kellogg

$68.96

-1.69 (-2.39%)

08:07
07/19/18
07/19
08:07
07/19/18
08:07

Kellogg says Corporate Controller Mondano to leave to pursue another opportunity

In a regulatory filing, Kellogg disclosed that on July 16, Donald Mondano, VP and Corporate Controller of Kellogg Company notified the company that he would be leaving Kellogg to pursue another opportunity. Mondano will remain with the company through August 3, the date the company expects to file its Form 10-Q relating to the second quarter of 2018 with the Securities and Exchange Commission. Effective August 4, Kellogg appointed Kurt Forche as its VP and Corporate Controller, and he will be the company's principal accounting officer.

  • 02

    Aug

K Kellogg
$68.96

-1.69 (-2.39%)

04/16/18
FBCO
04/16/18
NO CHANGE
Target $63
FBCO
Neutral
Kellogg price target lowered to $63 from $70 at Credit Suisse
Credit Suisse analyst Robert Moskow lowered his price target for Kellogg to $63 from $70 saying its challenged product portfolio and exposure to the declining breakfast cereal category merits this discount. The analyst reiterates a Neutral rating on the shares.
05/07/18
WELS
05/07/18
NO CHANGE
Target $60
WELS
Market Perform
Kellogg price target lowered to $60 from $66 at Wells Fargo
Wells Fargo analyst John Baumgartner lowered his price target for Kellogg to $60 from $66 on valuation. The analyst reiterates a Market Perform rating on the shares.
05/24/18
ARGS
05/24/18
NO CHANGE
Target $73
ARGS
Buy
Kellogg offers attractive entry opportunity, says Argus
Argus analyst John Eade kept his Buy rating and $73 price target on Kellogg, saying the company's 11.9% stock price decline over the past 3 months offers investors a buying opportunity. While remaining concerned with Kellogg's operating environment challenges, the analyst cites the company's recent EPS beat, a trend of supply chain strengthening, and the recent appointment of a new CEO. Eade adds that valuation is also attractive at 14-times his FY18 EPS estimate - the low end of the company's historical 14-24-times range.
05/29/18
JPMS
05/29/18
NO CHANGE
Target $71
JPMS
Overweight
Kellogg risk/reward among most attractive in food, says JPMorgan
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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