General Mills Trading Volume Surges 65.44% to 354th Position as Analysts Lower Price Targets

On June 9, 2025, General Mills (GIS) saw a significant increase in trading volume, with a total of $265 million in shares exchanged, marking a 65.44% rise from the previous day. This surge placed General Mills at the 354th position in terms of trading volume for the day. The stock price of General Mills also experienced a slight increase, rising by 0.05% over the past two days, accumulating a total gain of 0.46%.

Goldman Sachs has downgraded General Mills from a "buy" rating to a "neutral" rating, setting a new price target of $58. This adjustment reflects the firm's view on the company's future performance and potential growth prospects. The downgrade comes as part of a broader reassessment of the food industry, with Goldman Sachs citing limited upside and growth headwinds for food product stocks.

Additionally, TD Cowen analyst Robert Moskow has lowered the price target for General Mills to $52, down from the previous target of $56. This revision indicates a more cautious outlook on the company's stock performance, potentially influenced by market conditions and internal factors.