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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GIS:
- Sombre Fundamentals Suggest General Mills Stock (GIS) is Stuck in a Value Trap
- U.S., China reach trade pact, GM to invest $4B in U.S. plants: Morning Buzz
- General Mills price target lowered to $53 from $59 at Jefferies
- General Mills considers selling Haagen-Dazs stores in China, Bloomberg says
- General Mills downgraded to Neutral from Buy at Goldman Sachs
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue