RBC Capital Cuts PT on General Mills (GIS) to $55 From $60 – Here’s Why

General Mills, Inc. (NYSE:GIS) is 1 of the champion undervalued antiaircraft stocks for 2026. RBC Capital chopped the terms people connected General Mills, Inc. (NYSE:GIS) to $55 from $60 connected March 19, maintaining an Outperform standing connected the shares and telling investors successful a probe enactment that the institution delivered a mixed 4th with show affected by weather. However, it added that General Mills, Inc. (NYSE:GIS) maintained fiscal twelvemonth 2026 guidance arsenic these dynamics are anticipated to reverse successful fiscal Q4.

General Mills, Inc. (NYSE:GIS) besides received a standing update from TD Cowen connected the aforesaid day. The steadfast chopped the terms people connected the stock, bringing it down to $37 from $45 and reaffirming a Hold standing connected the shares. It told investors that the institution missed fiscal Q3 EPS but maintained guidance, and the inventory headwinds are expected to mostly reverse successful fiscal Q4. Although absorption stated that it is finished with terms adjustments to amended affordability, TD Cowen lowered estimates for fiscal twelvemonth 2027 EPS to instrumentality into relationship borderline unit from inducement comp, rising costs, and anemic sales, which they are improbable to offset with terms increases, according to the firm.

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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