Barclays Maintains Equal-Weight on General Mills, Raises Price Target to $37
Barclays analyst Andrew Lazar maintains General Mills (NYSE:GIS) with a Equal-Weight and raises the price target from $36 to $37.
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Smithfield Foods, Altria and General Mills offer 6.32%-6.66% dividend yields, with recent analyst ratings, targets and company updates.
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Barclays analyst Andrew Lazar maintains General Mills (NYSE:GIS) with a Equal-Weight and raises the price target from $36 to $37.
General Mills shares fell despite upbeat Q1 results; TD Cowen and RBC analysts highlight organic sales decline was less steep than expected.
RBC Capital analyst Nik Modi reiterates General Mills (NYSE:GIS) with a Outperform and maintains $45 price target.
Among three Dividend Kings—Coca-Cola, PepsiCo, and Altria—analyst recommends buying Coca-Cola and Altria while avoiding PepsiCo. Coca-Cola's asset-light model and diversification provide reliable income, while Altria's expansion into smoke-free products offers growth potential. PepsiCo's asset-heavy beverage business and struggling packaged foods segment face more significant near-term challenges despite attractive valuation.
– Reuters cites India Ministry of Health and Family Welfare letter