Mizuho Maintains Neutral on General Mills, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a Neutral rating on General Mills (NYSE:GIS) and increased the price target from $65 to $70.
March 21, 2024 | 1:17 pm
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POSITIVE IMPACT
Mizuho has maintained a Neutral rating on General Mills but raised the price target from $65 to $70.
The increase in price target by Mizuho suggests a positive outlook on General Mills' stock value in the short term, despite maintaining a Neutral rating. This adjustment could lead to increased investor interest and potentially a rise in stock price as the new target suggests an expectation of growth.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90