Stifel Maintains Hold on JM Smucker, Lowers Price Target to $160
Portfolio Pulse from jenniferd'souza@benzinga.com
Stifel analyst Matthew Smith maintains a Hold rating on JM Smucker (NYSE:SJM) and lowers the price target from $168 to $160.

June 07, 2023 | 11:56 am
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Stifel analyst lowers JM Smucker's price target from $168 to $160, maintaining a Hold rating.
The news of Stifel maintaining a Hold rating on JM Smucker and lowering the price target from $168 to $160 may not have a significant short-term impact on the stock price. However, it could influence investor sentiment and potentially affect the stock's performance in the short term. The lowered price target may indicate that the analyst sees limited upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100