UBS lowered the firm’s price target on General Mills (GIS) to $47 from $49 and keeps a Sell rating on the shares. General Mills reported Q1 results that were broadly in-line with expectations with FY26 guidance unchanged, the analyst tells investors in a research note. The firm believes that more than 2% growth is needed in the second half to hit the midpoint of guidance.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GIS:
- General Mills Faces Uncertainty Amid Declining Sales and Temporary Gains
- General Mills: Strong Q1 Performance and Strategic Initiatives Drive Buy Rating Despite Short-Term Challenges
- General Mills Reports Mixed Fiscal 2026 Q1 Results
- General Mills Earnings Call: Strategic Growth Amid Challenges
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!