General Mills price target raised to $70 from $65 at Mizuho

Mizuho raised the firm’s price target on General Mills to $70 from $65 and keeps a Neutral rating on the shares. The company’s fiscal Q3 revenue and earnings beats were supported by one-time items like cold weather and incentive comp, but indications of sequential improvement warrant a more optimistic stance for fiscal 2025, the analyst tells investors in a research note. The firm sees a neutral risk/reward but is “warming to the story.”