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General Mills (NYSE:GIS) Stock Rating Lowered by Zacks Research
Zacks Research has downgraded General Mills (NYSE:GIS) from a “hold” rating to a “strong sell.” This comes amidst various analyst reports setting target prices ranging from $46.00 to $53.00, resulting in a consensus “Hold” rating and an average price target of $51.37 from MarketBeat.com data. The company recently reported Q4 earnings above estimates and has seen insider selling activity, with institutional investors making substantial adjustments to their holdings.