Kellogg got a rating boost from Goldman Sachs on Friday.
Analysts at Goldman Sachs raised their rating on the cereal maker’s stock to buy from neutral. They also hiked price target on the shares to $72 from $58, a potential 15% upside over the stock's closing price Thursday of $62.84.
Calling Kellogg "the most compelling value left in snacks", Goldman Sachs indicated that said Kellogg’s organic sales will accelerate which in turn should boost profit margins.