General Mills (GIS) volatility into Nestle targeted by Dan Loeb’s Third Point in Activist’s biggest-ever bet

Go back to General Mills (GIS) volatility into Nestle targeted by Dan Loeb’s Third Point in Activist’s biggest-ever bet

General Mills (GIS) PT Lowered to $58 at Susquehanna Following EPS Beat

June 28, 2017 4:32 PM EDT

Susquehanna lowered its price target on General Mills (NYSE: GIS) to $58.00 (from $59.00) while maintaining a Neutral rating. GIS is up following a 2c EPS beat.

FY18 EPS is guided to $3.11-3.14, below the consensus of $3.20. Organic sales growth is anticipated to be down... More