Barclays Maintains Overweight on 3M, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on 3M (NYSE:MMM) and raises the price target from $120 to $145.
July 29, 2024 | 4:33 pm
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POSITIVE IMPACT
Barclays analyst Julian Mitchell maintains an Overweight rating on 3M and raises the price target from $120 to $145, indicating a positive outlook for the stock.
The raised price target from $120 to $145 by Barclays suggests increased confidence in 3M's future performance. An Overweight rating indicates that the stock is expected to outperform the market, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100