Mizuho Maintains Neutral on General Mills, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a Neutral rating on General Mills (NYSE:GIS) but has reduced the price target from $70 to $65.
December 22, 2023 | 3:27 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mizuho has maintained a Neutral rating on General Mills but lowered the price target from $70 to $65, indicating a potential downside or limited upside.
The reduction in price target by Mizuho reflects a more conservative valuation of General Mills, which could lead to a negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100