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Goldman Sachs turns negative on General Mills

May 24, 2016 7:52 AM ETGeneral Mills, Inc. (GIS) StockGISBy: Clark Schultz, SA News Editor12 Comments
  • Goldman Sachs downgrades General Mills (NYSE:GIS) to a Sell rating after having the food stock lined up at Neutral.
  • Analyst Jason English factors in the risk of expensive acquisitions by General Mills and an industry-wide  choppy business environment in making his call.
  • Goldman's price target on GIS is dropped to $58.

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