Citigroup Maintains Neutral on 3M, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz maintains a Neutral rating on 3M (NYSE:MMM) and lowers the price target from $111 to $95.
October 09, 2023 | 4:08 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on 3M and lowered the price target from $111 to $95.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on 3M's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100