UBS Maintains Neutral on 3M, Lowers Price Target to $95
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Markus Mittermaier maintains a Neutral rating on 3M (NYSE:MMM) and lowers the price target from $115 to $95.
June 01, 2023 | 1:58 pm
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NEUTRAL IMPACT
UBS analyst Markus Mittermaier maintains a Neutral rating on 3M and lowers the price target from $115 to $95.
The news directly mentions 3M and the lowered price target by UBS analyst Markus Mittermaier. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to significantly outperform or underperform the market in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100