J. M. Smucker (SJM) Declares $0.85 Quarterly Dividend; 2.8% Yield

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UPDATE: Morgan Stanley Downgrades J.M. Smucker (SJM) to Underweight

April 18, 2019 4:58 AM EDT

(Updated - April 18, 2019 6:40 AM EDT)

(updated to correct price target and add analyst comment)

Morgan Stanley analyst Pamela Kaufman downgraded J.M. Smucker (NYSE: SJM) from Equalweight to Underweight with a price target of $117.00 (from $104.00).

The analyst comments "After several years of... More