Deutsche Bank Maintains Hold on JM Smucker, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers has maintained a Hold rating on JM Smucker (NYSE:SJM) but has reduced the price target from $135 to $125.
November 16, 2023 | 8:41 pm
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Deutsche Bank maintains a Hold rating on JM Smucker and lowers the price target from $135 to $125, indicating a potential downside or limited upside.
A lowered price target typically suggests that the analyst sees less potential for the stock's price to grow, which could lead to a negative investor sentiment and a potential decrease in the stock's price in the short term.
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IMPORTANCE 75
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