Citigroup Maintains Buy on JM Smucker, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer maintains a Buy rating on JM Smucker but lowers the price target from $138 to $136.

August 29, 2024 | 4:07 pm
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NEUTRAL IMPACT
Citigroup analyst Thomas Palmer maintains a Buy rating on JM Smucker but lowers the price target from $138 to $136.
The Buy rating suggests continued confidence in JM Smucker's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100