Wells Fargo Maintains Equal-Weight on General Mills, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey maintains an Equal-Weight rating on General Mills (NYSE:GIS) and raises the price target from $67 to $75.
September 13, 2024 | 2:51 pm
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Wells Fargo has maintained its Equal-Weight rating on General Mills while raising the price target from $67 to $75, indicating a positive outlook.
The increase in the price target from $67 to $75 by Wells Fargo suggests a positive outlook for General Mills, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100