Stifel Maintains Buy on General Mills, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has maintained a Buy rating on General Mills (NYSE:GIS) but has reduced the price target from $72 to $68.

December 21, 2023 | 3:45 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on General Mills but lowers the price target from $72 to $68.
The reduction in price target by Stifel suggests a slightly less optimistic outlook for General Mills' stock price in the short term. However, maintaining a Buy rating indicates that the analyst still sees positive potential in the stock. The impact on the stock price may be neutral to slightly negative in the short term as the market digests the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100