Kellogg Has "Buy" Opinion Reiterated
Kellogg Company (NYSE: K) is having its "buy" opinion reiterated by Deutsche Bank, due to Kellogg's leading shares in large snack and cereal categories (that are also profitable), LT productivity, solid balance sheet, FCF (7-8% yield) and attractive valuation (12.4x 2011 P/E).
Kellogg closed yesterday at $51.14.
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