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Fly News Breaks for September 21, 2017
GIS
Sep 21, 2017 | 05:12 EDT
Citi analyst David Driscoll views yesterday's post-earnings selloff in shares of General Mills as overdone. The Q1 miss was driven by the pacing of trade expense accruals, Driscoll tells investors in a research note. The analyst sees a buying opportunity at current levels and points out that management noted revenues trends are improving. He keeps a Buy rating on General Mills with a $67 price target.
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