Wells Fargo lowered the firm’s price target on General Mills (GIS) to $55 from $61 and keeps an Equal Weight rating on the shares. The firm doesn’t think Q4 2025/FY26 is an overly negative/positive catalyst, per se. The company has been vocal about its plans, and how it intends to guide. It’s more about if this strategy will work, and how far to go if not, Wells adds.
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