JP Morgan Maintains Neutral on General Mills, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ken Goldman maintains a Neutral rating on General Mills (NYSE:GIS) but raises the price target from $63 to $67.
October 14, 2024 | 2:45 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on General Mills but increased the price target from $63 to $67, indicating a slightly more positive outlook.
The increase in price target suggests a more optimistic view on General Mills' future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100