Goldman Ups Kellogg, Cuts Campbell

It cites the huge run in Campbell shares.
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Goldman Sachs upgraded Kellogg (K) - Get Report to buy from neutral and cut Campbell Soup (CPB) - Get Report to sell from neutral.

The firm said Kellogg should outperform other food stocks, given the strong run the group has had over the last year. Goldman also cited Kellogg's consistently strong operational performance, saying it believes the shares have been "overlooked."

Goldman made essentially the opposite argument on Campbell, saying its recent spike to a 52-week high and 30% rise over the last year make the stock likely to bide its time for a while.