Bernstein Keeps Their Hold Rating on Kellanova (K)
In a report released today, Alexia Burland Howard from Bernstein maintained a Hold rating on Kellanova. The company’s shares closed yesterday at $82.02.
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Burland Howard covers the Consumer Defensive sector, focusing on stocks such as Kraft Heinz, Tyson Foods, and General Mills. According to TipRanks, Burland Howard has an average return of -2.2% and a 44.88% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Kellanova with a $83.90 average price target, which is a 2.29% upside from current levels. In a report released yesterday, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $88.00 price target.
Based on Kellanova’s latest earnings release for the quarter ending June 28, the company reported a quarterly revenue of $3.2 billion and a net profit of $299 million. In comparison, last year the company earned a revenue of $3.19 billion and had a net profit of $344 million
