Market Overview

Morgan Stanley Sees Path To In-Line F2015 Guidance For General Mills

Related GIS
5 Family-Friendly Employers For Working Parents
3 Big Companies That Dominate The Organic Foods Market
General Mills Launches 'Formal Review' of Costs (Fox Business)

In a report published Monday, Morgan Stanley analyst Matthew Grainger reiterated an Underweight rating and $51.00 price target on General Mills (NYSE: GIS).

In the report, Morgan Stanley noted, “We can see a path for GIS to provide in-line (i.e., +7-9%) initial F15 EPS guidance, but believe US sales weakness presents risk to this outlook as the year unfolds. With valuation elevated and low likelihood of significant catalysts, we remain UW.”

General Mills closed on Friday at $54.64.

Posted-In: Matthew Grainger Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (GIS)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters