Stifel Maintains Buy on General Mills, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith maintains a Buy rating on General Mills (NYSE:GIS) but lowers the price target from $86 to $72.
September 07, 2023 | 5:02 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on General Mills but lowers the price target from $86 to $72.
The news is directly related to General Mills. While the Buy rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact is neutral as the Buy rating suggests that the stock is still expected to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100