General Mills price target raised to $80 from $75 at Mizuho

Mizuho raised the firm’s price target on General Mills to $80 from $75 and keeps a Neutral rating on the shares. The analyst says the company’s "solid execution" limits share downside and confirms the company’s "defensiveness." However, the firm believes the shares areal reflect the model’s defensiveness and that broader market weakness may offer an entry point that better benefits from positive revisions to numbers.