Unveiling 15 Analyst Insights On 3M
Portfolio Pulse from Benzinga Insights
Analyst ratings for 3M (NYSE:MMM) show a mix of bullish to bearish sentiments, with recent actions including both upgrades and downgrades. The average 12-month price target is $101.07, slightly down from the previous $101.39. 3M's financials indicate a slight revenue decline but strong profitability metrics, despite challenges in debt management.
May 10, 2024 | 12:01 pm
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NEUTRAL IMPACT
Analyst ratings for 3M vary, with a recent mix of upgrades and downgrades. The average price target has slightly decreased, indicating a cautious outlook. Financially, 3M shows a minor revenue decline but maintains strong profitability and ROE, despite high debt levels.
The mixed analyst ratings and slight adjustment in the average price target suggest a neutral short-term impact on 3M's stock price. The company's strong profitability metrics, such as ROE and net margin, may counterbalance the minor revenue decline and high debt levels, leading to a neutral outlook in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100