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Credit Agricole Cuts General Mills (GIS) from Outperform to Underperform

July 7, 2011 10:05 AM EDT
Get Alerts GIS Hot Sheet
Price: $38.18 +0.66%

Rating Summary:
    6 Buy, 20 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 6
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An analyst at Credit Agricole downgraded shares of General Mills (NYSE: GIS) from Outperform to Underperform Thursday morning. The firm cut its price target on the stock from $41 to $39.

Shares of General Mills are modestly lower this morning, last trading around $36.93.

As highlighted by a brand-new feature at StreetInsider.com's Ratings Insider portal, a wave of analyst downgrades have hit General Mills shares over the last month or so. Since mid-June, the Goldman Sachs, Argus and Credit Suisse downgraded the stock.

For more ratings news on General Mills click here and for the rating history of General Mills click here.


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