This morning, Jefferies downgraded shares of General Mills (NYSE:GIS) from hold to underperform as the outlook does not justify the stock price. In the report, Jefferies set a $44 price target. Shares of General Mills were lower by 1.4% on the news.
UBS reduced its EPS estimates on shares of Wal-Mart (NYSE:WMT) through 2015 following a disappointing sales forecast from the company yesterday. In the report, UBS lowered its price target to $88 but maintained its buy rating. Shares of Wal-Mart were lower by 0.5% on Friday.
And JP Morgan lowered its 2013 EPS estimates on shares of Dick's Sporting Goods (NYSE:DKS) in expectation of a poor same store sales for the third consecutive quarter. JP Morgan maintained its overweight rating on the stock and set a $60 price target. Shares of DKS were lower by 0.7% today.
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