By: Benzinga
May 03, 2013 at 11:21 AM EDT
UPDATE: Credit Suisse Raises PT on Kellogg Following 1Q EPS Miss
In a report published Friday, Credit Suisse analyst Robert Moskow reiterated an Underperform rating on Kellogg Company (NYSE: K ), and raised the price target from $57.00 to $62.00. In the report, Moskow noted, “Kellogg adjusted 1Q EPS of $0.99 missed consensus of $1.02, and management lowered expectations for second
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