NEW YORK (TheStreet) -- Shares of General Mills(GIS) - Get Report are up 0.03% to $66.42 as Deutsche Bank raised its price target on the stock to $63 from $62.

The firm said that General Mills' strategic actions such as investing in on-trend products, cutting costs and shifting their product portfolio are "logical." However, as these changes have not yet gotten results, Deutsche Bank remains "skeptical" if the company can achieve its long-term targets.

"We view current valuation as reasonable... and dividend yield as supportive," the firm added. Deutsche Bank has a "hold" rating on thes stock.

Deutsche Bank also noted upside risks such as low input costs, category growth and restructuring savings. Downside risks include competition, input costs and M&A integration.

Separately, TheStreet Ratings team rates General Mills as a "buy" with a ratings score of A.

The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, expanding profit margins, good cash flow from operations and growth in earnings per share. TheStreet Ratings feels its strengths outweigh the fact that the company has had generally high debt management risk by most measures that TheStreet Ratings evaluated.

You can view the full analysis from the report here: GIS

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

Image placeholder title