A Closer Look at 13 Analyst Recommendations For 3M
Portfolio Pulse from Benzinga Insights
Thirteen analysts have recently published ratings on 3M (NYSE:MMM), showing a range of perspectives from bullish to bearish. The average 12-month price target has increased by 20.9% to $127.62. Key analysts have raised their price targets, reflecting a more optimistic outlook.
July 31, 2024 | 7:00 pm
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Thirteen analysts have provided ratings on 3M, with a notable increase in the average 12-month price target to $127.62, up 20.9% from the previous average. Key analysts from Deutsche Bank, Argus Research, Citigroup, Barclays, B of A Securities, RBC Capital, Wells Fargo, Wolfe Research, Vertical Research, and HSBC have raised their price targets, indicating a more optimistic outlook for the company.
The increase in the average 12-month price target and the raised targets from key analysts suggest a more optimistic outlook for 3M. This positive sentiment is likely to have a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
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