RBC Capital Maintains Underperform on 3M, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained an 'Underperform' rating on 3M (NYSE:MMM) and lowered the price target from $85 to $83.
October 25, 2023 | 4:09 pm
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3M's price target has been lowered from $85 to $83 by RBC Capital, which maintains an 'Underperform' rating on the stock.
The lowering of the price target by RBC Capital indicates a bearish outlook for 3M. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100