BofA Remains Bullish on General Mills (GIS) – Here’s Why

General Mills, Inc. (NYSE:GIS) is 1 of the champion earthy and integrated nutrient stocks to bargain now. BofA chopped the terms people connected General Mills, Inc. (NYSE:GIS) to $55 from $61 connected February 17 portion maintaining a bullish outlook. It assigned a Buy standing to the banal aft the institution presented astatine CAGNY earlier the aforesaid day, issuing a property merchandise lowering its FY26 outlook. The steadfast lowered its fiscal twelvemonth 2026 adjusted EPS forecast to $3.44 from $3.70 pursuing the guidance cut. BofA stated that the existent valuation “bakes successful short-term pressures” successful North America Retail, acknowledging that definite tailwinds volition assistance offset.

General Mills, Inc. (NYSE:GIS) updated its full-year fiscal 2026 outlook connected February 17 amid a “challenging user environment”, stating that accrued uncertainty, anemic user sentiment, and sizeable volatility person affected user acquisition patterns and weighed connected class growth. This has resulted successful a slower gait and higher outgo of measurement betterment than initially expected, which is wherefore the institution present expects its integrated nett income to beryllium down 1.5% to 2%, compared to the erstwhile scope of down 1% to up 1%. In addition, General Mills, Inc. (NYSE:GIS) expects the adjusted operating nett and adjusted diluted EPS to beryllium down 16% to 20% successful changeless currency, compared to the erstwhile scope of down 10% to 15% successful changeless currency.

General Mills, Inc. (NYSE:GIS) manufactures and markets branded user foods, including earthy and integrated nutrient items. The company’s marque portfolio includes Annie’s, Betty Crocker, Cheerios, Wheaties, and more. Its operations are divided into the North America Retail, International, North America Pet, and North America Foodservice segments.

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