NEW YORK ( TheStreet) -- Kellogg ( K) announced Friday that it's working with the FDA on a nationwide recall of 28 million boxes of several of its breakfast cereals due to a strange smell and flavor coming from the package lining.
Target Has been trying to improve its food business to gain market share.
Kraft Heinz, Kellogg and Mondelez all reported weak second quarter earnings.
The food giant has just a few weeks till the end of the six-month moratorium after Unilever rejected its $143 billion offer.
Kellogg has 11% upside according to JPMorgan.