By: Benzinga
May 03, 2013 at 11:31 AM EDT
UPDATE: Jefferies Raises PT on Kellogg Following 1Q13 EPS Miss
In a report published Friday, Jefferies analyst Thilo Wrede reiterated a Hold rating on Kellogg Company (NYSE: K ), and raised the price target from $60.00 to $68.00. In the report, Wrede noted, “K's 1Q13 adj. EPS of $0.99 missed expectations as the co. was dealing with inflation and, in
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