JP Morgan Maintains Overweight on Scotts Miracle Gro, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas has maintained an Overweight rating on Scotts Miracle Gro (NYSE:SMG) and increased the price target from $70 to $85.
April 05, 2024 | 11:48 am
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JP Morgan analyst Jeffrey Zekauskas has reaffirmed an Overweight rating on Scotts Miracle Gro and raised the price target from $70 to $85.
The increase in price target by a reputable analyst like Jeffrey Zekauskas signals a strong confidence in Scotts Miracle Gro's future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in SMG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100