Argus Upgrades General Mills to "Buy" (GIS)

Argus Upgrades General Mills to “Buy” (GIS)

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Argus reported on Wednesday that it has upgraded consumer foods company, General Mills, Inc. (GIS).

The firm has raised its ratings on GIS to a “Buy,” and has given the company a $57 price target. This price target suggests a 14.5% increase from the stock’s current price of $48.68.

General Mills shares were mostly flat during Wednesday morning trading. The stock has increased 24% in the past year.
The Bottom Line

Shares of General Mills, Inc. (GIS) have a 3.12% yield, based on Wednesday morning’s price of $48.68.

General Mills, Inc. (GIS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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