JP Morgan Maintains Neutral on 3M, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains a Neutral rating on 3M (NYSE:MMM) and raises the price target from $104 to $105.
October 25, 2023 | 4:21 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on 3M and raises the price target from $104 to $105.
The news is directly about 3M and is relevant as it involves a price target update by a major financial institution. The Neutral rating suggests that the analyst does not expect significant price movement in the short term. However, the slight increase in price target may have a minor positive impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100