RBC Capital Reiterates Sector Perform on General Mills, Maintains $72 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi reiterated a 'Sector Perform' rating on General Mills (NYSE:GIS) and maintained a $72 price target. This reaffirms the analyst's view on the company's stock performance relative to its sector.
March 21, 2024 | 3:01 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating on General Mills with a $72 price target, indicating a neutral outlook on the stock's short-term performance.
The reiteration of the 'Sector Perform' rating and maintenance of the $72 price target by RBC Capital suggests a neutral short-term impact on General Mills' stock. This indicates that the analyst believes the stock will perform in line with the sector, without significant positive or negative deviations. The high confidence level stems from the specific mention and analysis by a reputable analyst.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90