Nonprofit, nonpartisan journalism. Supported by readers.

Donate
Topics

Analyst lowers General Mills’ stock to ‘neutral’

A Goldman Sachs analyst warns today that General Mills revenue growth can’t go on forever, Reuters reports. The analyst lowered General Mills stock from a “buy” to “neutral.”

General Mills has been on a roll the past year, benefiting from lower ingredient prices and thriftier consumer behaviors, which have involved eating in more often. A Goldman Sachs analyst warns today that General Mills revenue growth can’t go on forever, Reuters reports. The analyst lowered General Mills stock from a “buy” to “neutral.”