Kellanova Reaches Analyst Target Price
May 03, 2024 at 06:50 AM EDT
In recent trading, shares of Kellanova (K) have crossed above the average analyst 12-month target price of $59.56, changing hands for $61.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..