3M Reports Third-Quarter 2018 Results
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3M (MMM) PT Lowered to $222 at Credit Suisse
October 24, 2018 8:49 AM EDTCredit 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
3M (MMM) PT Lowered to $223 at RBC Capital
October 24, 2018 6:47 AM EDTRBC 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.
... More3M Co. (MMM) Misses Q3 EPS by 14c, Revenues Miss; Lowers FY18 EPS Outlook, Cash Flow and Growth Guidance
October 23, 2018 7:33 AM EDT3M 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
