Morgan Stanley Lowers Expectations on General Mills Ahead of Tougher 2Q
December 17, 2013 at 08:38 AM EST
In a report published Tuesday, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating and $49.00 price target on General Mills (NYSE: GIS ). In the report, Morgan Stanley noted, “Lowering F2Q and FY EPS below consensus, given softer category volume and more cautious company commentary. While guidance of $2.87-2.90
