Bernstein Maintains Underperform on JM Smucker, Raises Price Target to $142
Portfolio Pulse from jenniferd'souza@benzinga.com
Bernstein analyst Alexia Howard maintains an Underperform rating on JM Smucker (NYSE:SJM) and raises the price target from $135 to $142.
June 07, 2023 | 10:54 am
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Bernstein analyst Alexia Howard maintains an Underperform rating on JM Smucker and raises the price target from $135 to $142.
The news directly mentions JM Smucker (NYSE:SJM) and the analyst's decision to maintain an Underperform rating and raise the price target from $135 to $142. This suggests that the analyst believes the stock is still overvalued, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100