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Kellogg Company is cut at UBS on concerns inflation costs can't be passed on

Jul. 07, 2022 8:05 AM ETKellanova (K)By: Clark Schultz, SA News Editor1 Comment

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UBS turned cautious on Kellogg Company (NYSE:K) with a downgrade to a Hold rating from Buy.

Inflation and pricing concerns drove the ratings drop with the firm's trade down analysis suggesting cracks are beginning to form with consumer

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Comments (1)

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Another foolish downgrade. K can manage inflation better than most companies. Corn prices are cratering as K is downgraded.

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