Kellanova Stock News

Will you be adding these consumer staples stocks following the latest inflation data?

Thursday afternoon''s top analyst upgrades and downgrades included Affirm, AstraZeneca, Block, CVS, Kellogg and more.

Kellogg''s quarter earnings beat expectations but a JPMorgan analyst still cut his rating and earnings estimates.

JPMorgan turned cautious on Kellogg Company (K) due to guidance that it sees as too aggressive and valuation that is said to look stretched. Read more.

Kellogg Co. reported fourth-quarter earnings and sales that beat expectations despite a worker strike, a plant fire and broader shortages and disruptions impacting many consumer companies.

JPMorgan analyst Ken Goldman downgraded Kellogg Co (NYSE: K ) to Underweight from Neutral with a price target of $57, down from $64, implying a 10.38% downside. The analyst thinks the company''s 2022 guidance for about $4.12 to $4.17 in earnings per share, including currency, is aggressive, and he models for $3.90. Kellogg''s enterprise value to … Full story available on Benzinga.com

JPMorgan downgraded shares of Kellog, citing high valuations relative to the company''s profit margins and growth trajectory.

Kellogg Company (NYSE:K) is likely to raise the price of consumer favourites such as Corn Flakes and Pringles to protect margins amid expectations of high-cost inflation this year. The company saw op

Kellogg said in an earnings report Thursday that soaring costs for freight and ingredients such as wheat, corn and edible oils have significantly hurt packaged food companies.

Kellogg Company (NYSE: K) Q4 2021 earnings call dated Feb. 10, 2022 Presentation: Operator Hello, everyone, and welcome to the Kellogg Companys Fourth Quarter 2021 Earnings Call. My name is [] The post Kellogg Company (K) Q4 2021 Earnings Call Transcript first appeared on AlphaStreet .

Plant-based products are fast becoming a popular alternative to regular meat and dairy products, with companies such as Tyson Foods (NYSE: TSN ) and Kellogg (NYSE: K ) entering the space. Restaurants and grocery stores are adopting the products, responding to the emerging trends of vegan diets. As investors, identifying top industry players in the vegan markets as these trends grow is key. We’ve compiled a list of them ranked by market cap. Oatly (NASDAQ: OTLY ), $4.43 billion - The world''s largest oak drink company recently partnered with Deutsche Bahn in Germany, the largest railway in the country, to provide passengers with … Full story available on Benzinga.com

"Our goal is to cover all of those input costs with pricing and productivity, and we think we''re in very good shape to do that," the Kellogg CEO said Thursday.

Consumer prices rose 7.5% last month, the largest annual increase since 1982, according to the Labor Department.