Kellanova price target raised to $60 from $57 at Citi

Citi raised the firm’s price target on Kellanova to $60 from $57 and keeps a Neutral rating on the shares ahead of the Q1 report on May 2. The analyst thinks Kellanova’s organic sales growth and earnings could slightly outpace consensus estimates. However, neither may be a big surprise, especially when considering the company’s long-established track record of earnings beats, the analyst tells investors in a research note.