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General Mills, Inc. Message Board

  • walk57 walk57 Jun 10, 2010 10:01 AM Flag

    FYI Cantor At "Hold"

    I think Cantor will be surprised how GIS performs going forward:

    Branded foods maker General Mills, Inc. on Thursday saw its coverage started with a "Hold" rating by analysts at Cantor Fitzgerald.

    The firm also set a $39 price target on GIS stock, which had closed at $37.50 on Wednesday.

    Cantor commented, "In our view, General Mills' performance over the past four years has been best in class in the food industry. Looking forward, however, we see no candidate among its three segments able to contribute the outsized earnings growth that has been the hallmark of General Mills over the past four years. In our view, each segment faces obstacles or comparisons that may preclude extraordinary gains again in FY:11."

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56.38+0.09(+0.16%)Apr 24 4:03 PMEDT