General Mills (GIS) Pops on Raised Guidance, Analyst Highlights Better Margin Delivery

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General Mills (GIS) PT Raised to $85 at BMO Capital; 'Rock Solid'

September 22, 2022 6:28 AM EDT

BMO Capital analyst Kenneth Zaslow raised the price target on General Mills (NYSE: GIS) to $85.00 (from $80.00) while maintaining a Market Perform rating following results and guidance.

The analyst commented, "First, GIS 1Q/2023 EPS of $1.11 far exceeded consensus of $1.00 as more muted elasticity drove... More