Analyst Expectations for 3M's Future
Portfolio Pulse from Benzinga Insights
3M (NYSE:MMM) has seen consistent analyst ratings over the last quarter, with 5 indifferent and 2 somewhat bearish ratings. The average 12-month price target among 7 analysts is $99.14, a slight increase from the previous target of $98.17. Analysts provide ratings based on in-depth research and are considered important indicators for investors, though they are subjective opinions.
December 04, 2023 | 5:00 pm
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NEUTRAL IMPACT
3M has received a stable mix of analyst ratings with no bullish or bearish extremes. The average price target has increased marginally, indicating a neutral to slightly cautious outlook from analysts.
The analyst ratings for 3M are predominantly neutral with a slight bearish lean, suggesting no strong short-term price movement. The slight increase in the average price target may not be significant enough to impact the stock price substantially in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100