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Magnum Ice Cream initiated with a Neutral at Goldman Sachs

Goldman Sachs analyst Sam Darbyshire initiated coverage of Magnum Ice Cream (MICC) with a Neutral rating and $16 price target The firm sees limited near-term catalysts for the shares given the company’s “muted” organic growth and cash flow in 2026, the analyst tells investors in a research note. It wants to see evidence that Magnum can deliver margin expansion ahead of expectations before recommending the shares.

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