Stifel analyst Matthew Smith lowered the firm’s price target on General Mills (GIS) to $44 from $50 and keeps a Buy rating on the shares. Looking ahead to FY27, the firm estimates modestly positive organic growth, sequentially improving from its FY26 estimate, and the profit outlook with “several puts and takes” that Stifel believes will result in a flattish earnings performance, the analyst tells investors.
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