Goldman Cuts General Mills (GIS) to Sell; Lack of Innovation to Hit Key Cereal Segment
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Goldman Sachs Downgrades General Mills (GIS) to Sell
January 11, 2013 8:10 AM ESTGoldman Sachs downgraded General Mills (NYSE: GIS) from Neutral to Sell with a price target of $40.00 (from $42.00) saying they expect underperformance relative to our sector as EPS falls short of consensus on lower sales growth and reinvestment
"We believe GIS has... More
