HSBC Initiates Coverage On 3M with Hold Rating, Announces Price Target of $109
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Wesley Brooks has initiated coverage on 3M (NYSE:MMM) with a Hold rating and a price target of $109.
September 15, 2023 | 9:55 am
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NEUTRAL IMPACT
HSBC has initiated coverage on 3M with a Hold rating and a price target of $109.
The Hold rating from HSBC indicates a neutral outlook for 3M's stock in the short term. The price target of $109 provides a reference point for investors, but does not necessarily suggest a significant change in the stock's current trajectory.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100