General Mills price target lowered to $68 from $69 at Bernstein

Bernstein lowered the firm’s price target on General Mills (GIS) to $68 from $69 and keeps a Market Perform rating on the shares. General Mills’ Q2 results beat on the top and bottom line, boosted by a pull forward in sales, the analyst tells investors in a research note. The firm has concerns over GLP-1 penetration and policy changes of the incoming administration.