Citigroup Maintains Neutral on 3M, Lowers Price Target to $100
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Andrew Kaplowitz maintains a Neutral rating on 3M (NYSE:MMM) and lowers the price target from $120 to $100.
July 11, 2023 | 2:30 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on 3M and lowered the price target from $120 to $100.
The lowering of the price target by Citigroup indicates a potential decrease in the stock price of 3M in the short term. This is likely to have a negative impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100