Morgan Stanley sees limited upside for General Mills (GIS) after Q2 review
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Morgan Stanley analyst Megan Alexander Clapp has reduced the price target for General Mills, Inc. (NYSE:GIS) from $48 to $47, maintaining an Underweight rating. This adjustment follows the company's Q2 results and discussions with management. Despite being listed among the 10 Cash-Rich Stocks to Buy Now, the outlook for General Mills appears limited according to the analyst's review.
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