General Mills quarterly profit beats estimates as costs fall

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Go back to General Mills quarterly profit beats estimates as costs fall

RBC Capital Raises Price Target on General Mills (GIS) to $73 Following 4Q

June 30, 2016 7:06 AM EDT

RBC Capital reiterated an Outperform rating on General Mills (NYSE: GIS), and raised the price target to $73.00 (from $70.00), following the company's 4Q earnings report.

Analyst David Palmer commented, "We are raising our estimates following a solid fiscal 4Q beat. We also raise... More