Stifel Maintains Hold on JM Smucker, Lowers Price Target to $150
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Matthew Smith maintains a 'Hold' rating on JM Smucker (NYSE:SJM) and lowers the price target from $160 to $150.
August 30, 2023 | 2:20 pm
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Stifel analyst maintains a 'Hold' rating on JM Smucker and lowers the price target from $160 to $150.
The news directly pertains to JM Smucker (SJM). The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term. However, the lowering of the price target might have a slight negative impact as it suggests a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100