General Mills price target raised to $86 from $84 at Deutsche Bank

Deutsche Bank analyst Steve Powers raised the firm’s price target on General Mills to $86 from $84 and keeps a Hold rating on the shares. The company’s "solid beat-and raise quarter was well received by the market" said the analyst, who expects investor sentiment from here to primarily pivot around the two questions of rates of pricing versus volume elasticity in North American Retail along with rates of top-line growth and related margin progress in Pet.