Moody's Affirms All Ratings Of 3M Company; Outlook Changed To Stable From Negative
Portfolio Pulse from Benzinga Newsdesk
Moody's has affirmed all ratings of 3M Company and changed its outlook from negative to stable.
June 18, 2024 | 7:12 pm
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Moody's has affirmed all ratings of 3M Company and changed its outlook from negative to stable. This indicates improved financial stability and could positively impact investor sentiment.
The affirmation of all ratings and the change in outlook from negative to stable by Moody's suggests that 3M's financial health is improving. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100