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General Mills price target lowered to $45 from $48 at TD Cowen

TD Cowen lowered the firm’s price target on General Mills (GIS) to $45 from $48 and keeps a Hold rating on the shares. The firm lowered its 2026 estimates and with its store checks, found about 15% of the company’s new Blue Buffalo Love Made Fresh dog food products either past their expiration date or two days away at two major chains and over 60% at a small regional chain.

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