Wells Fargo Lowers PT for General Mills, Inc. (GIS) Amid Weak Consumer Demand
General Mills, Inc. (NYSE:GIS) is among the 7 best future food stocks to buy according to analysts.
A filled shopping cart with popular food and beverage items.
Wells Fargo lowered the price target on the company’s stock from $61 to $55 on June 16, 2025, maintaining an ‘Equal Weight’ rating. The analyst attributed it to short-term headwinds such as ongoing pressures from weak consumer confidence and challenges within its snacks and Pet food segment.
Meanwhile, General Mills, Inc. (NYSE:GIS) is striving to bring strong innovation and marketing for its key food brands. It plans to spend $100 million on operational improvements to fuel its future expansion. GIS is one of the best future food stocks.
General Mills, Inc. (NYSE:GIS) manufactures and sells a range of branded consumer foods across the globe, with a strong focus on health-conscious options.
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