Lucy Nieves
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Cit Sees Kellogg Trading at a Discount - And They Love It

With Kellogg Company  currently trading at a 3 percent discount to large-cap packaged food peers, Citi’s David Driscoll believes that that is “significant room for upside over the next 12 months.”

Driscoll reiterated a Buy rating on the company, while raising the price target from $84 to $90.