Argus Research Maintains Buy on JM Smucker, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Argus Research maintains a Buy rating on JM Smucker (NYSE:SJM) but lowers the price target from $150 to $135.

June 13, 2024 | 2:14 pm
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NEUTRAL IMPACT
Argus Research maintains a Buy rating on JM Smucker but lowers the price target from $150 to $135, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in JM Smucker's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100