Deutsche Bank Maintains Hold on JM Smucker, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers has maintained a 'Hold' rating on JM Smucker (NYSE:SJM) and lowered the price target from $157 to $135.
September 12, 2023 | 4:17 pm
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Deutsche Bank has maintained a 'Hold' rating on JM Smucker and lowered the price target from $157 to $135.
The news directly pertains to JM Smucker (SJM). The 'Hold' rating suggests that Deutsche Bank does not expect significant price movement in the short term. However, the lowering of the price target could potentially have a negative impact on investor sentiment, which might put some downward pressure on the stock price.
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