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January 15, 2021

lowers

Credit Suisse lowers Kellogg outlook to ‘neutral’

FoodBusinessNews
NEW YORK — Credit Suisse in a Nov. 23 research note downgraded Battle Creek, Mich.-based Kellogg Co. to “neutral” from “outperform,” while also lowering the company’s 2021 earnings-per-share estimate to $3.95 from $4.10. In issuing its revised outlook, Credit Suisse research analyst Robert Moskow said the credit agency now expects......

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