Bernstein Lowers General Mills (GIS) Price Target After Q2 Earnings Discussion

1 day ago 3

Sheryar Siddiq

Tue, February 3, 2026 astatine 4:12 AM CST 1 min read

General Mills, Inc. (NYSE:GIS) ranks among the stocks with the lowest guardant PE ratios. On January 13, Bernstein expert Alexia Howard decreased General Mills, Inc. (NYSE:GIS)’s terms people from $54 to $53, portion keeping a Market Perform standing connected the company’s shares. The alteration followed a fireside chat connected January 5 with General Mills, Inc. (NYSE:GIS) CEO Jeff Harmening and Head of Investor Relations Jeff Siemon, who discussed the company’s Q2 fiscal 2026 earnings.

The General Mills, Inc. (NYSE:GIS) executives reaffirmed their fiscal outlook for the second fractional of fiscal 2026 during the conversation, pointing retired that further net difficulties are anticipated successful the 3rd 4th with a predicted betterment successful the fourth.

The institution made wide that the 53rd week of the 4th quarter, successful summation to $100 cardinal successful year-over-year advantages from commercialized accruals, volition adhd astir 30% to the 4th quarter’s year-over-year EBIT growth.

General Mills, Inc. (NYSE:GIS) produces and sells a wide scope of branded nutrient products, distributing them done retail channels successful the US and planetary markets.

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