3M (MMM) July weekly volatility at 21 as shares near record high into Q2

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3M (MMM) PT Lowered to $209 at RBC Capital Following 2Q

July 26, 2017 7:05 AM EDT

RBC Capital lowered its price target on 3M (NYSE: MMM) to $209.00 (from $210.00) while maintaining a Sector Perform rating following the company's 2Q and price decline. Analyst Deane Dray highlighted that 3Ms -30 bps pricing decline in 2Q17 was far more innocuous and contained, attributable... More