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Yogurt Sales Trends Are Souring For General Mills
Thursday, September 22, 2016 - 10:50am | 318Read More...Yogurt sales trends continue to weigh on General Mills, Inc. (NYSE: GIS). With no near-term revenue drivers on the horizon, CLSA analyst Michael Lavery remains bearish on General Mills stock. According to Lavery, General Mills has set the bar fairly low with its fiscal 2017 guidance of -2 percent...
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CLSA Upgrades Reynolds American To Outperform, Cites Attractive Valuation
Monday, August 8, 2016 - 7:52am | 307Read More...Reynolds American, Inc. (NYSE: RAI) has a robust portfolio and several levers to drive earnings growth, CLSA’s Michael Lavery said in a report. He upgraded the rating on the company to Outperform, citing attractive valuation. The price target has been raised from $52 to $54. Attractive...
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General Mills' Sales Growth Dependent On Innovation In Yogurt
Thursday, June 30, 2016 - 3:10pm | 341Read More...CLSA analysts Michael Lavery and Will Gaertner think General Mills, Inc. (NYSE: GIS)'s sales upside is dependent on innovation in yogurt. The company's outlook is also weaker than expected by the Street analysts. As a result, the brokerage retained its Underperform rating and a price target of $65...
