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General Mills, Inc. (NYSE:GIS) Receives Consensus Recommendation of "Reduce" from Analysts
Analysts have given General Mills, Inc. (NYSE:GIS) a consensus “Reduce” rating, with an average 1-year price target of $43.56. The company recently missed earnings expectations, reporting a 0.64 EPS against an expected 0.73, and revenue declined 8.4% year-over-year. Despite a quarterly dividend implying a 6.6% yield, analysts have lowered price targets following these results, indicating a cautious outlook for the stock.