ScottsMiracle-Gro Provides Update on Fiscal 2024 Second Quarter
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Truist Securities Downgrades Scotts Miracle-Gro (SMG) to Hold, 'Good News Reflected in Current Valuation'
April 5, 2024 6:03 AM EDTTruist Securities analyst Bill Chappell downgraded Scotts Miracle-Gro (NYSE: SMG) from Buy to Hold with a price target of $75.00 (from $65.00).
The analyst comments "Good News Reflected in Current Valuation- With the stock is now trading at ~21x our FY25 EPS estimates, well above the... More
