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Wells Fargo Lowers PT for General Mills, Inc. (GIS) Amid Weak Consumer Demand

Faheem Tahir

1 min read

In This Article:

General Mills, Inc. (NYSE:GIS) is among the 7 best future food stocks to buy according to analysts.

Wells Fargo Lowers PT for General Mills, Inc. (GIS) Amid Weak Consumer Demand

Wells Fargo Lowers PT for General Mills, Inc. (GIS) Amid Weak Consumer Demand

A filled shopping cart with popular food and beverage items.

Wells Fargo lowered the price target on the company’s stock from $61 to $55 on June 16, 2025, maintaining an ‘Equal Weight’ rating. The analyst attributed it to short-term headwinds such as ongoing pressures from weak consumer confidence and challenges within its snacks and Pet food segment.

Meanwhile, General Mills, Inc. (NYSE:GIS) is striving to bring strong innovation and marketing for its key food brands. It plans to spend $100 million on operational improvements to fuel its future expansion. GIS is one of the best future food stocks.

General Mills, Inc. (NYSE:GIS) manufactures and sells a range of branded consumer foods across the globe, with a strong focus on health-conscious options.

While we acknowledge the potential of GIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Marketing Stocks to Buy Right Now and 10 Best Cybersecurity Stocks to Invest in Under $20.

Disclosure: None.