Piper Sandler analyst Michael Lavery raised the firm’s price target on General Mills to $84 from $74 and keeps an Overweight rating on the shares. The firm notes General Mills is improving its branding message to appeal to consumers, and expects to increase Blue Buffalo’s media investment by double-digits in 2025. Piper updated its model for its Yogurt divestiture, which is a 3% EPS dilution, and assumes the deal closes in Q1 2026.
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 price target raised to $82 from $70 at Stifel
- General Mills price target raised to $77 from $75 at Wells Fargo
- General Mills price target lowered to $75 from $76 at Citi
- Eyes on Fed ahead of expected interest rate cut: Morning Buzz
- Unusually active option classes on open September 18th