3M Co. (MMM) Tops Q3 EPS by 12c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus
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Go back to 3M Co. (MMM) Tops Q3 EPS by 12c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus
October 25, 2017 9:34 AM EDT
BofA/Merrill Lynch raised its price target on 3M (NYSE: MMM) to $257.00 (from $227.00) while maintaining a Buy rating following the company's 3Q. 3Ms EPS of $2.33 beat the consensus of $2.21. 3M recorded strategic investments of $48mn ($0.06/sh) in 3Q, below estimates of $0.11 but... More
October 25, 2017 7:47 AM EDT
RBC Capital raised its price target on 3M (NYSE: MMM) to $209.00 (from $205.00) while maintaining a Sector Perform rating following the company's 3Q release. The company reported a 12c EPS beat in the quarter. 3M achieved flat pricing in 3Q17, quelling some of the... More
October 25, 2017 7:30 AM EDT
Argus raised its price target on 3M (NYSE: MMM) to $260.00 (from $220.00) while maintaining a Buy rating.
Analyst John Eade believes the company is on track to deliver low to mid single digit organic sales growth and likes the management focus on generating shareholder... More
October 25, 2017 5:16 AM EDT
(Updated - October 25, 2017 5:18 AM EDT)
(updated to add analyst comment)
Goldman Sachs upgraded 3M (NYSE: MMM) from Sell to Neutral with a price target of $229.00 (from $194.00).
Analyst Joe Ritchie liked the Q3 report but only steps to the sideline noting... More
October 24, 2017 11:54 AM EDT
Jefferies analyst Laurence Alexander raised his price target on 3M (NYSE: MMM) to $262.00 (from $234.00) while maintaining a Buy rating following solid beat and upbeat outlook.
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