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9.58874920093793E-05 -0.000213083315576348 0.000532708288941097 0.000958874920093793 -0.000106541657788098 -0.000213083315576348 -0.000213083315576348 -0.000213083315576348
Stock impact report

Morgan Stanley Sees Limited Upside for General Mills (GIS) After Q2 Review [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 December 22, Morgan Stanley analyst Megan Alexander Clapp lowered the firm's price target on General Mills, Inc. (NYSE:GIS) to $47 from $48 and kept an Underweight rating. The update followed the company's Q2 results and a follow-up discussion with management. The firm cut its FY27 EPS estimate to $3.65 from $3.80, and the revised outlook fed directly into the lower price target. A few days earlier, on December 17, General Mills, Inc. (NYSE:GIS) reported second-quarter sales and profit that came in ahead of expectations. Demand held up as budget-conscious consumers continued to eat at home rather than dine out, lifting sales of pantry staples and breakfast cereals, including products under the Pillsbury brand. US consumer sentiment showed signs of improvement in early December, but many shoppers still leaned toward home-cooked meals. High prices and uncertainty around the labor market continued to shape spending habits. CEO Jeff Harmening described the quarter as a “volatile o Show less Read more
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