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Kellogg Stock Snags a Buy Rating. Thank the Cereal Spinoff.

Por: MarketWatch Business June 27, 2023

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Food companies have performed well over the past few years, thanks to inflation-driven price increases, English noted. “Growth, however, is about to become scarce in the industry as price fades and volume growth remains lacking for most,” he added. Kellogg, however, is different, due to “favorable end-market exposure and strong business momentum.” Newsletter Sign-up That being said, the company is still valued below its competitors.... + full article



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