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Stock impact report

BTIG Initiates Coverage of General Mills (GIS) [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
On April 13, 2026, BTIG initiated coverage of General Mills, Inc. (NYSE:GIS) with a Neutral rating and no price target. BTIG said growth fundamentals remain pressured, citing uncertainty around outcomes from the Remarkability playbook, a leveraged balance sheet, and valuation that is not significantly discounted relative to U.S. food peers, while noting potential upside from a reversion in growth. On April 8, 2026, Wells Fargo lowered its price target on General Mills, Inc. (NYSE:GIS) to $33 from $35. Wells Fargo said it is reducing estimates across the sector ahead of earnings, with revisions driven by company-specific commodity cost assumptions and margin outlook tied to inflation trends through 2026 and 2027, with recovery expected into 2028. BTIG Initiates Coverage of General Mills (GIS) Last month, General Mills, Inc. (NYSE:GIS) reported Q3 adjusted EPS of 64c versus the 73c consensus estimate, with revenue of $4.37B compared to the $4.43B consensus. CEO Jeff Harmening sai Show less Read more
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