Barclays Maintains Overweight on 3M, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on 3M (NYSE:MMM) and raises the price target from $112 to $118.
May 28, 2024 | 11:54 am
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POSITIVE IMPACT
Barclays analyst Julian Mitchell maintains an Overweight rating on 3M and raises the price target from $112 to $118.
The raised price target and maintained Overweight rating from Barclays is a positive signal for investors, indicating confidence in 3M's future performance. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100