Wells Fargo Maintains Equal-Weight on General Mills, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Equal-Weight rating on General Mills (NYSE:GIS) and increased the price target from $65 to $70.

March 21, 2024 | 12:40 pm
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Wells Fargo has maintained an Equal-Weight rating on General Mills and raised the price target from $65 to $70.
The increase in the price target by Wells Fargo suggests a positive outlook on General Mills' stock, potentially leading to increased investor confidence and a short-term rise in the stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target price signals specific optimism about the company's prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100