01:00 PM EDT, 07/31/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 12-month target price and leave our EPS estimates unchanged given the pending merger with Mars, which is now expected to close by the end of 2025. The company previously expected a 1H 2025 close, but regulatory approvals have taken longer than expected, especially in the European Union. The underlying results, however, remain challenged, due to widespread category softness in salty snacks. K will look to improve underlying demand trends as it embarks on this new chapter with Mars.