Evercore ISI Group Maintains In-Line on General Mills, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer has maintained an In-Line rating on General Mills (NYSE:GIS) but has lowered the price target from $75 to $72.

December 11, 2023 | 4:50 pm
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Evercore ISI Group has maintained its In-Line rating on General Mills but reduced the price target from $75 to $72, indicating a potential limited upside or that the stock is fairly valued at current levels.
The adjustment in price target by Evercore ISI Group suggests a modest change in the expected performance of General Mills' stock. While the In-Line rating indicates no significant change in the company's outlook, the reduction in price target could imply a slight bearish sentiment or a recalibration of valuation metrics by the analyst. However, since the rating was not downgraded, the impact is likely to be neutral in the short term.
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IMPORTANCE 75
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