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16.96
1.40%
-0.1329
Why is Wk Kellogg Co (KLG) Stock down?
We've noticed a 8.14% decline in Wk Kellogg Co (KLG) stock during the 2024-11-08 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
16 Oct, 2023:
Shares of WK Kellogg Co. (KLG) dropped by 8.16% from $10.78 to $9.90 in the trading on Monday, October 16, 2023. The reason why KLG stock down is due to reduction in the price target by analyst Peter Galbo from Bank of America Securities. Galbo assigned a Hold rating to WK Kellogg Co. and set a price target of $11.50, which is notably below the stock's recent price of $13.80 per share just two weeks ago. This lower price target from an analyst contributed to the negative sentiment surrounding KLG stock on that trading day.
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