3M Reports Third-Quarter 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to 3M Reports Third-Quarter 2018 Results
October 24, 2018 8:49 AM EDT
Credit Suisse analyst John Walsh lowered the price target on 3M (NYSE: MMM) to $222.00 (from $228.00) while maintaining an Outperform rating.
"While the 38c mid-point reduction to guidance was worse than expected, we think it sets an achievable base for CEO Mike Roman... More
October 24, 2018 6:47 AM EDT
RBC Capital analyst Deane Dray lowered the price target on 3M (NYSE: MMM) to $223.00 (from $234.00) while maintaining an Outperform rating following another guidance cut.
While disappointing, the stock is sitting at a meaningful relative P/E support level, making risk-reward attractive here, Dray said.
...
More
October 23, 2018 7:33 AM EDT
3M Co. (NYSE: MMM) reported Q3 EPS of $2.58, $0.14 worse than the analyst estimate of $2.72. Revenue for the quarter came in at $8.2 billion versus the consensus estimate of $8.43 billion.
In the third quarter, 3M delivered a double-digit increase in cash flow and earnings-per-share, along with... More
