DA Davidson Initiates Coverage On JM Smucker with Neutral Rating, Announces Price Target of $132
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brian Holland initiates coverage on JM Smucker (NYSE:SJM) with a Neutral rating and a price target of $132.

March 01, 2024 | 10:44 am
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NEUTRAL IMPACT
DA Davidson initiated coverage on JM Smucker with a Neutral rating and a price target of $132.
The initiation of coverage by DA Davidson with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, a Neutral rating suggests that the analyst sees the stock performing in line with the market, which may not drive significant short-term price movement. The price target of $132 offers a reference point for valuation but does not imply a strong bullish or bearish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100