TD Cowen initiated coverage on WK Kellogg Co with a new price target
$KLG
Packaged Foods
Consumer Staples
TD Cowen initiated coverage of WK Kellogg Co with a rating of Market Perform and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/10/2024 | $24.00 → $17.00 | Neutral → Underperform | BofA Securities |
| 5/8/2024 | $20.00 | Neutral → Underperform | Exane BNP Paribas |
| 12/14/2023 | $13.00 | Equal-Weight | Morgan Stanley |
| 11/13/2023 | $13.00 | In-line | Evercore ISI |
| 11/6/2023 | $11.00 | Underweight | Barclays |
| 11/2/2023 | $11.00 | Neutral | JP Morgan |
| 10/18/2023 | $11.00 | Market Perform | TD Cowen |
| 10/16/2023 | $11.50 | Neutral | BofA Securities |
Stifel analyst Matthew Smith maintains WK Kellogg (NYSE:KLG) with a Hold and lowers the price target from $22 to $18.
Barclays analyst Andrew Lazar maintains WK Kellogg (NYSE:KLG) with a Underweight and lowers the price target from $19 to $16.
BofA Securities analyst Peter Galbo downgraded the shares of WK Kellogg Co (NYSE:KLG) from Neutral to Underperform and lowered the price target from $24 to $17. Volume trends in the packaged food industry have yet to show any meaningful improvement despite the hopes that lapping SNAP (supplemental nutrition assistance program) and a more promotional environment would lead to a volume lift, said the analyst. Commentary and results from main competitor in U.S. Cereal General Mills Inc (NYSE:GIS) was not constructive with its Cereal business down -4% YoY in its May quarter end, noted the analyst. The analyst expects industry trends to remain sluggish for KLG over the next 12 months un
4 - WK Kellogg Co (0001959348) (Issuer)
4 - WK Kellogg Co (0001959348) (Issuer)
4 - WK Kellogg Co (0001959348) (Issuer)
BofA Securities downgraded WK Kellogg Co from Neutral to Underperform and set a new price target of $17.00 from $24.00 previously
Exane BNP Paribas downgraded WK Kellogg Co from Neutral to Underperform and set a new price target of $20.00
Morgan Stanley initiated coverage of WK Kellogg Co with a rating of Equal-Weight and set a new price target of $13.00
10-Q - WK Kellogg Co (0001959348) (Filer)
8-K - WK Kellogg Co (0001959348) (Filer)
10-Q - WK Kellogg Co (0001959348) (Filer)
4 - WK Kellogg Co (0001959348) (Issuer)
4 - WK Kellogg Co (0001959348) (Issuer)
4 - WK Kellogg Co (0001959348) (Issuer)
BATTLE CREEK, Mich., Nov. 7, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE:KLG), today published its 2024 third quarter results in documents posted to the company website at https://investor.wkkellogg.com/news-events/events-and-presentations/default.aspx. Documents immediately available include: the financial press release and tables, GAAP reconciliations, and presentation slides. A Current Report on Form 8-K was furnished with the U.S. Securities and Exchange Commission and is available on its website at www.sec.gov. WK Kellogg Co will host a conference call to discuss its third
BATTLE CREEK, Mich., Oct. 31, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors declared a dividend of $0.16 per share on the common stock of WK Kellogg Co, payable on December 13, 2024, to shareowners of record at the close of business on November 29, 2024. The ex-dividend date is November 29, 2024. About WK Kellogg Co At WK Kellogg Co, we bring our best to everyone, every day through our trusted foods and brands. Our journey began in 1894, when our founder W.K. Kellogg reimagined the future of food with the creation of Corn Flakes, ch
BATTLE CREEK, Mich., Oct. 16, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE:KLG) announced today that it will host a conference call on Thursday, November 7, 2024, at 9:30 a.m. EDT, to discuss the company's financial results for the third quarter of 2024 and provide an operational update, including indications regarding the performance and outlook of the business. The conference call will be a live audio webcast available at investor.wkkellogg.com. At approximately 8:00 a.m. EDT on that day the company will release final operating results and the following documents on the company
BATTLE CREEK, Mich., Nov. 19, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE:KLG) today announced that Gary Pilnick, Chairman and Chief Executive Officer, and Dave McKinstray, Chief Financial Officer will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 4, 2024, at 8:00AM ET. Access to a live webcast of the event will be available on the Company's website Investor.wkkellogg.com. Participation by the press and public of the fireside chat is in listen-only mode. For those unable to join the live webcast a replay of the event will be
BATTLE CREEK, Mich., Nov. 7, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE:KLG), today published its 2024 third quarter results in documents posted to the company website at https://investor.wkkellogg.com/news-events/events-and-presentations/default.aspx. Documents immediately available include: the financial press release and tables, GAAP reconciliations, and presentation slides. A Current Report on Form 8-K was furnished with the U.S. Securities and Exchange Commission and is available on its website at www.sec.gov. WK Kellogg Co will host a conference call to discuss its third
BATTLE CREEK, Mich., Oct. 31, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors declared a dividend of $0.16 per share on the common stock of WK Kellogg Co, payable on December 13, 2024, to shareowners of record at the close of business on November 29, 2024. The ex-dividend date is November 29, 2024. About WK Kellogg Co At WK Kellogg Co, we bring our best to everyone, every day through our trusted foods and brands. Our journey began in 1894, when our founder W.K. Kellogg reimagined the future of food with the creation of Corn Flakes, ch
BATTLE CREEK, Mich., Feb. 9, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE:KLG) announced today that the company will present at the Consumer Analyst Group of New York Conference live at 8:00 am ET, Wednesday, February 21, 2024. Gary Pilnick, Chairman and Chief Executive Officer, Dave McKinstray, Chief Financial Officer, Doug VanDeVelde, Chief Growth Officer and Bruce Brown, Chief Customer Officer, will be the presenters for WK Kellogg Co. Access to a live webcast of the event will be available on the investor page of the WK Kellogg Co's website at investor.wkkellogg.com. Participa