B of A Securities Maintains Neutral on 3M, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Neutral rating on 3M (NYSE:MMM) and lowers the price target from $110 to $100.
April 02, 2024 | 10:38 am
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B of A Securities maintains a Neutral rating on 3M and lowers the price target from $110 to $100.
The reduction in the price target by B of A Securities suggests a bearish outlook on 3M's stock in the short term. This adjustment reflects the analyst's view on the company's future performance, potentially influencing investor sentiment and the stock's market price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100