General Mills price target lowered to $67 from $72 at Barclays

Barclays lowered the firm’s price target on General Mills to $67 from $72 and keeps an Equal Weight rating on the shares. While the company’s while fiscal 2025 earnings guidance was a surprise as it came in below already very low expectations, it seems more an affirmation of the weaker industry volume trends and recent company commentary citing the need to more aggressively reinvest newfound margin flexibility, the analyst tells investors in a research note.