Wolfe Research Upgrades 3M (MMM) to Peerperform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Morgan Stanley upgrades 3M (MMM) as liabilities narrow
August 31, 2023 2:59 PM EDTMorgan Stanley upgraded 3M Co. (NYSE: MMM) to an Equal-weight rating (From Underweight) and raised their 12-month price target on the stock to $113.00 (From $102.00) as analyst Joshua Pokrzywinski sees the companys liabilities narrowing.
Pokrzywinski wrote in a note, We still believe the ultimate liabilities for PFAS and Combat Arms to be higher than the headline settlement amounts, however, as other avenues of PFAS litigation like wastewater, international water suppliers, and personal injury/property damage still... More
