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Citi Ups Kellogg To Buy, Finally - Back On Track'

2015-08-05 23:30:42| Agriculture - Topix.net

Analyst David Driscoll upped his rating on the stock to Buy from Neutral and increased his target price by $14, to $80. He writes that the upgrade comes given his "renewed confidence" in Kellogg's ability to return to a growth trajectory next year and beyond, thanks to incremental cost savings from its newly announced ZBB program and improving revenue trends.

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