B of A Securities Maintains Neutral on JM Smucker, Lowers Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on JM Smucker while lowering its price target from $130 to $122.
August 29, 2024 | 12:17 pm
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B of A Securities has maintained a Neutral rating on JM Smucker and lowered the price target from $130 to $122, indicating a less optimistic outlook.
The lowering of the price target from $130 to $122 by B of A Securities suggests a less optimistic view on JM Smucker's future performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
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