3M (MMM) PT Lowered to $170 at Mizuho Securities
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
3M (MMM) Stock Plunges on Morgan Stanley Downgrade to Underweight, Analyst Says Improving Fundamentals Not Enough to Offset Rising Liabilities
February 17, 2022 10:17 AM ESTMorgan Stanley analyst Joshua Pokrzywinski cut 3M (NYSE: MMM) to Underweight from Equal Weight with a $150.00 per share price target (down from $185.00).
A key driver behind the downgrade is the Combat Arms ear protection liabilities, estimated at $14 billion by Pokrzywinski. The bull case is $2 billion while the bear case is... More
