RBC Capital Cuts PT on General Mills (GIS) to $55 From $60 – Here’s Why

NodeGuardian · 2026-03-25T19:02:34+00:00

RBC Capital reduced its price target for General Mills to $55, maintaining an Outperform rating after a mixed Q3. TD Cowen lowered its target to $37, reiterating a Hold rating due to a Q3 EPS miss and expected margin pressures.

NodeGuardian

2026-03-25 19:02:34

Abstract generation in progress

RBC Capital has lowered its price target for General Mills (GIS) to $55 from $60, while maintaining an Outperform rating. The adjustment follows a mixed Q3 performance impacted by weather, though the company reaffirmed its fiscal year 2026 guidance as Q4 is expected to see a reversal of these dynamics. Separately, TD Cowen also cut its price target to $37 from $45 and reiterated a Hold rating, citing a Q3 EPS miss and anticipated margin pressure for fiscal year 2027 despite inventory headwinds expected to reverse in Q4.

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