Barclays upgrades 3M; more attractive 'risk/reward' basis

Go back to Barclays upgrades 3M; more attractive 'risk/reward' basis

RBC Capital on 3M (MMM) Post Meeting: 'management team showed good command and control of the busines'

March 20, 2024 2:48 PM EDT

RBC Capital analyst Deane Dray reiterated an Underperform rating and $84.00 price target on 3M (NYSE: MMM)

The analyst comments "Underperform-rated 3M hosted a Solventum (Health Care) investor meeting on Mar-19 in NYC. Much of the presentation focused on the portfolio of businesses, opportunities to... More

3M (MMM) PT Raised to $114 at Citi

March 20, 2024 7:43 AM EDT

Citi analyst Andrew Kaplowitz raised the price target on 3M (NYSE: MMM) to $114.00 (from $104.00) while maintaining a Neutral rating.

The analyst comments "Ahead of MMMs planned spinoff of its Health Care segment (Solventum) on April 1st, we are raising MMMs... More