B of A Securities Maintains Buy on 3M, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Buy rating on 3M and raises the price target from $143 to $160.
October 23, 2024 | 5:23 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on 3M and increased the price target from $143 to $160, indicating a positive outlook on the stock.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst can boost investor confidence and potentially lead to a short-term increase in 3M's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100