Morgan Stanley Maintains Equal-Weight on Kellogg, Raises Price Target to $69
Morgan Stanley maintains Kellogg (NYSE:K) with a Equal-Weight and raises the price target from $65 to $69.
Mid-Afternoon Market Update: Nasdaq Drops 650 Points; Silicon Motion Shares Spike Higher
U.S. stocks remained lower toward the end of trading, with the Nasdaq Composite dropping more than 650 points on Thursday.
Mid-Morning Market Update: Markets Open Lower; Nasdaq Tumbles 4%
U.S. stocks traded lower this morning, with the Nasdaq Composite dropping around 4% on Thursday.
Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Piper Sandler Downgrades Kellogg And Tyson Foods
Consumers are cutting back spending, even on basic goods, due to elevated levels of inflation, according to Piper Sandler.
Analyst Ratings for Kellogg
Over the past 3 months, 5 analysts have published their opinion on Kellogg (NYSE:K) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Piper Sandler Downgrades Kellogg to Underweight, Lowers Price Target to $62
Piper Sandler analyst Michael Lavery downgrades Kellogg (NYSE:K) from Neutral to Underweight and lowers the price target from $66 to $62.
Consumer Brands Association, Kellogg’s, Pepsi, Call On Congress To Crack Down On Copycat THC Edibles
According to a new study published in Drug and Alcohol Dependence by researchers at NYU School of Global Public Health, “c