UPDATE: J.P. Morgan Downgrades Kellogg Company on Recommended Cautious Stance
September 17, 2013 at 11:15 AM EDT
In a report published Tuesday, J.P. Morgan analyst Ken Goldman downgraded the rating on Kellogg Company (NYSE: K ) from Neutral to Underweight, and lowered the price target from $65.00 to $58.00. In the report, J.P. Morgan noted, “We recommend investors exhibit a level of caution with Kellogg. Because of
