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Fly News Breaks for June 17, 2016
GIS
Jun 17, 2016 | 07:26 EDT
RBC Capital believes that General Mills' sales could significantly accelerate beginning in fiscal 2017, partly due to improving cereal trends, easing yogurt comparisons, and new innovations in yogurt. The firm thinks that the visibility of the company's sales has improved, while its cost cutting has enhanced its "earnings security." RBC Capital keeps an Outperform rating on the shares.
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