Stifel Downgrades Scotts Miracle Gro to Hold, Lowers Price Target to $72
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst W. Andrew Carter has downgraded Scotts Miracle Gro (NYSE:SMG) from Buy to Hold and lowered the price target from $78 to $72.

July 13, 2023 | 9:52 am
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Scotts Miracle Gro has been downgraded from Buy to Hold by Stifel, with a lowered price target of $72.
The downgrade from Buy to Hold by Stifel indicates a less optimistic outlook for Scotts Miracle Gro. The lowered price target from $78 to $72 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100