BTIG Initiates Coverage of General Mills with Neutral Rating
BTIG initiated coverage of General Mills (GIS) with a Neutral rating and no price target, citing growth pressures and a leveraged balance sheet. Wells Fargo recently lowered its price target on GIS to $33, citing inflation and cost assumptions. General Mills reported Q3 adjusted EPS below expectations but reaffirmed fiscal 2026 guidance.
Tickers: $GIS
Topics: analyst ratings BTIG General Mills stock analysis Wells Fargo