Kellogg Company Reports Fourth Quarter and Full-Year 2015 Results, Reaffirms Guidance for 2016
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RBC Capital Raises Price Target on Kellogg (K) as Cereal Trends Improve Cost Savings Visibility
February 12, 2016 7:51 AM ESTRBC Capital reiterated a Sector Perform rating on Kellogg (NYSE: K), and raised the price target to $78.00 (from $74.00), following the company's 4Q earnings report. RBC reiterated 2016 and 2017 EPS estimates of $3.65 (cons $3.68) and $3.92 (cons $3.96), respectively, as improving visibility on cost savings is offset by... More
