Citigroup Initiates Coverage On JM Smucker with Buy Rating, Announces Price Target of $153
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer initiates coverage on JM Smucker (NYSE:SJM) with a Buy rating and announces a price target of $153.
February 01, 2024 | 11:07 am
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Citigroup has initiated coverage on JM Smucker with a Buy rating and set a price target of $153.
The initiation of coverage by Citigroup with a Buy rating and a high price target suggests a positive outlook for JM Smucker's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100