Morgan Stanley analyst Megan Alexander Clapp lowered the firm’s price target on General Mills (GIS) to $47 from $48 and keeps an Underweight rating on the shares after updating estimates following Q2 results and the firm’s follow-up conversation with the company. The firm’s FY27 EPS estimate is reduced to $3.65 from $3.80 previously and the new estimates flow through to reduce its price target
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