Piper Sandler Maintains Overweight on General Mills, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery has maintained an Overweight rating on General Mills (NYSE:GIS) but has reduced the price target from $77 to $76.
December 15, 2023 | 7:55 pm
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Piper Sandler has maintained an Overweight rating on General Mills but lowered the price target from $77 to $76, indicating a slight adjustment in valuation.
The reduction in price target is minor, suggesting a small adjustment in the expected valuation of General Mills. While the Overweight rating remains, the lowered target may slightly temper investor expectations for the stock's growth potential in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100