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

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(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 DemandA 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.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5005,967.84 -13.03 (-0.22%)Dow 3042,206.82 +35.16 (+0.08%)Nasdaq19,447.41 -98.86 (-0.51%)Russell 20002,109.27 -3.70 (-0.17%)VIX20.62 -1.55 (-6.99%)Gold3,384.40 -23.70 (-0.70%)PortfolioSign in to access your portfolioSign inTop gainersGMS GMS Inc. 100.27 +19.26 (+23.77%)UAA Under Armour, Inc. 7.03 +0.86 (+13.94%)OSCR Oscar Health, Inc. 21.22 +2.45 (+13.05%)WLYB John Wiley & Sons, Inc. 45.41 +5.16 (+12.82%)ZETA Zeta Global Holdings Corp. 14.18 +1.59 (+12.63%)Top losersLYEL Lyell Immunopharma, Inc. 8.69 -0.89 (-9.29%)CSAN Cosan S.A. 5.28 -0.50 (-8.65%)HCC Warrior Met Coal, Inc. 43.18 -3.83 (-8.15%)KBR KBR, Inc. 48.93 -3.85 (-7.29%)ACN Accenture plc 285.37 -21.01 (-6.86%)Most activeNVDA NVIDIA Corporation 143.85 -1.63 (-1.12%)AMCR Amcor plc 8.97 -0.08 (-0.88%)LCID Lucid Group, Inc. 2.1900 -0.0300 (-1.35%)TSLA Tesla, Inc. 322.16 +0.11 (+0.03%)INTC Intel Corporation 21.08 -0.41 (-1.91%)Earnings eventsTrending tickersBTC-USD Bitcoin USD 102,283.77 -1,080.08 (-1.04%)XRP-USD XRP USD 2.07 -0.06 (-2.64%)ETH-USD Ethereum USD 2,387.09 -30.54 (-1.26%)MMM 3M Company 144.03 +1.52 (+1.07%)SOL-USD Solana USD 137.45 -2.38 (-1.70%)Top economic events