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Stifel cuts General Mills stock price target on volume concerns By Investing.com

2026-05-02 00:38:07

Abstract generation in progress

Stifel has lowered its price target for General Mills (NYSE:GIS) to $40 from $44, while maintaining a Buy rating on the stock. This adjustment is attributed to continued volume softness in key categories and limited earnings growth projected for fiscal year 2027. Despite the recent 25% decline in stock price over the last six months, InvestingPro suggests the stock is undervalued, and it currently offers a 6.92% dividend yield.

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