Wells Fargo Maintains Equal-Weight on 3M, Lowers Price Target to $100
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Joe O'Dea has maintained an Equal-Weight rating on 3M (NYSE:MMM) and lowered the price target from $110 to $100.
July 10, 2023 | 3:36 pm
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Wells Fargo has maintained an Equal-Weight rating on 3M and lowered the price target from $110 to $100.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on 3M's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100