Vertical Research Upgrades 3M to Buy, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Vertical Research has upgraded 3M (NYSE:MMM) from Hold to Buy and raised the price target from $92 to $140, according to analyst Jeffrey Sprague.
May 16, 2024 | 6:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Vertical Research has upgraded 3M from Hold to Buy and increased the price target from $92 to $140, indicating a positive outlook for the stock.
The upgrade from Hold to Buy and the significant increase in the price target from $92 to $140 by Vertical Research suggests a strong positive outlook for 3M. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100