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How about a little upgrade with your Tuesday morning breakfast? Morgan Stanley thought it was a good idea, boosting General Mills (NYSE: GIS) to Overweight from Equal-Weight and added it was late in making the upgrade. The brokerage cited valuation as the reason for the upgrade, noting that GIS is "one of the best positioned" companies in the realm of food. Morgan Stanley felt that this was not reflected in GIS's valuation, so it upped the food firm and raised its price target to $72 from $64.
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