3M raises 2017 profit forecast; first-quarter results top estimates

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3M (MMM) PT Raised to $191 at RBC Capital; '1Q17 Beat & Raise Paced by Organic Growth Upside'

April 26, 2017 9:52 AM EDT

RBC Capital raised its price target on 3M (NYSE: MMM) to $191.00 (from $187.00) while maintaining a Outperform rating, following the company's first quarter report.

Analyst Deane Dray notes the company delivered impressive board-based organic growth upside, resulting in a first quarter earnings and revenue... More

3M (MMM) PT Raised to $202 at Stifel Following 1Q

April 26, 2017 8:01 AM EDT

Stifel raised its price target on 3M (NYSE: MMM) to $202.00 (from $190.00) while maintaining a Hold rating. 3M Co. reported 1Q EPS of $2.16 compared to $2.07 consensus. Revenue of ~$7.7 billion increased 3.7% year over year, ahead of the and consensus of ~$7.5 billion.

MMM raised its 2017... More