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Fly News Breaks for July 21, 2015
GIS
Jul 21, 2015 | 06:46 EDT
RBC Capital upgraded General Mills to Outperform and increased its price target to $65 from $58 to reflect higher perceived quality and sustainability of earnings. The firm said General Mills has the best chance among peers to show value of reinvestment from rationalizing overhead costs, organizational streamlining, increased promotion efficiency, COGS productivity, and lower input costs.
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