TD Cowen Maintains Buy on JM Smucker, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Robert Moskow maintains a Buy rating on JM Smucker (NYSE:SJM) but lowers the price target from $140 to $135.
June 07, 2024 | 4:52 pm
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TD Cowen analyst Robert Moskow maintains a Buy rating on JM Smucker but lowers the price target from $140 to $135.
The Buy rating suggests continued confidence in JM Smucker's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100