Barclays Maintains Equal-Weight on JM Smucker, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Equal-Weight rating on JM Smucker (NYSE:SJM) and raises the price target from $129 to $132.

February 29, 2024 | 1:22 pm
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POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on JM Smucker and raises the price target from $129 to $132.
The increase in price target by Barclays reflects a positive outlook on JM Smucker's financial performance and potential growth. This adjustment suggests that Barclays sees more value in the company than previously estimated, which could lead to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100