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Stock impact report

Bernstein Lowers General Mills (GIS) Price Target After Q2 Earnings Discussion [Yahoo! Finance]

General Mills, Inc. (GIS) 
Last general mills, inc. earnings: 3/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.generalmills.com
Company Research Source: Yahoo! Finance
General Mills, Inc. (NYSE:GIS)'s price target from $54 to $53, while keeping a Market Perform rating on the company's shares. The change followed a fireside chat on January 5 with General Mills, Inc. (NYSE:GIS) CEO Jeff Harmening and Head of Investor Relations Jeff Siemon, who discussed the company's Q2 fiscal 2026 earnings. The General Mills, Inc. (NYSE:GIS) executives reaffirmed their financial outlook for the latter half of fiscal 2026 during the conversation, pointing out that further earnings difficulties are anticipated in the third quarter with a predicted recovery in the fourth. The company made clear that the 53rd week of the fourth quarter, in addition to $100 million in year-over-year advantages from trade accruals, will add about 30% to the fourth quarter's year-over-year EBIT growth. General Mills, Inc. (NYSE:GIS) produces and sells a wide range of branded food products, distributing them through retail channels in the US and international markets. While we acknow Show less Read more
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