Consumer Edge Research Upgrades JM Smucker to Equal-Weight, Announces $154 Price Target
Portfolio Pulse from Benzinga Newsdesk
Consumer Edge Research analyst Connor Rattigan has upgraded JM Smucker (NYSE:SJM) from Underweight to Equal-Weight and announced a price target of $154.
September 01, 2023 | 3:57 pm
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POSITIVE IMPACT
JM Smucker has been upgraded from Underweight to Equal-Weight by Consumer Edge Research, with a new price target of $154.
The upgrade from Underweight to Equal-Weight indicates a more positive outlook on the company by the analyst. The new price target of $154 also suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100