3M Co. (MMM) Misses Q3 EPS by 14c, Revenues Miss; Lowers FY18 EPS Outlook, Cash Flow and Growth Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
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.
... MoreThis week's earnings shine spotlight on China growth risk
October 22, 2018 4:02 PM EDTBy Noel Randewich
SAN FRANCISCO (Reuters) - (This version of the Oct. 22 story corrects paragraph 7 and 8 to remove reference that Wynn Resorts reports this Wednesday and add that company has not provided a date for its quarterly report. It also corrects the second paragraph to remove reference to Wynn.)
It's not the U.S. economy, stupid. It's China's.
That new risk has begun rippling across Wall Street as the effects of a sharp slowdown in the world's No. 2 economy spill beyond its borders and cut into U.S. corporate profits.
How large a threat a... More
