General Mills stock is currently underperforming, with its stock over 30% below its all-time high. Read why I give a buy rating for GIS stock.

Jefferies raised the firm’s price target on General Mills (GIS) to $62 from $58 and keeps a Hold rating on the shares. Management comments at

Jonathon Nudi, who’s held a number of top positions in more than three decades with General Mills, will retire on June 30, with Liz Mascolo, currently president for North America Blue Buffalo, replacing him.

Delving into the details, we found 10% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $415,066, and 2 were calls, valued at $84,365.

The Cheerios maker said the changes are part of a broader shift in how the Minnesota company pursues new growth.

Investors were in growth mode in the last two years as the stock market delivered blockbuster returns. AI stocks handily beat estimates due to solid demand, and they defied gravity quarter after quarter.

Shares of General Mills Inc. GIS rose 3.66% to $64.50 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.55% to 5,770.20 and the Dow Jones Industrial Average DJIA rising 0.52% to 42,801.72.

US food major General Mills has confirmed it is scrapping its G-Works innovation platform. And no more investments will be made through its 301 Inc. venture-capital arm “for the foreseeable future”, either,

We recently published a list of 13 Best Cheap Dividend Stocks To Buy Right Now. In this article, we are going to take a look at where General Mills, Inc. (NYSE:GIS) stands against other best cheap dividend stocks to buy right now.

Robert F. Kennedy Jr., the new Secretary of Health and Human Services, is reportedly set to meet with top executives from several major food brands on Monday. This gathering marks the first direct encounter between Kennedy and the companies he’s publicly accused of contributing to Americans’ health issues,