Jif peanut butter maker JM Smucker cuts annual forecasts on slowing demand
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J.M. Smucker (SJM) PT Lowered to $136 at Citi
August 29, 2024 5:24 AM EDTCiti analyst Thomas Palmer lowered the price target on J.M. Smucker (NYSE: SJM) to $136.00 (from $138.00) while maintaining a Buy rating.
The analyst comments "The SJM shares were down 5% today (vs. S5PACK flat) after reducing its FY25 sales and EPS outlook... More
J.M. Smucker (SJM) PT Lowered to $126 at Deutsche Bank
August 28, 2024 4:42 PM EDTDeutsche Bank analyst Faiza Alwy lowered the price target on J.M. Smucker (NYSE: SJM) to $126.00 (from $129.00) while maintaining a Hold rating.
The analyst comments "From here, we expect SJM's guidance cut will have a dampening effect on sentiment for shares (and potentially... More
J.M. Smucker (SJM) PT Lowered to $120 at Jefferies
August 28, 2024 4:15 PM EDTJefferies analyst Rob Dickerson lowered the price target on J.M. Smucker (NYSE: SJM) to $120.00 (from $121.00) while maintaining a Hold rating.
The analyst comments "SJM's stock got hit today given a lowered F'25 guide due to softer sweet baked snack and pet snack... More
J.M. Smucker (SJM) PT Lowered to $128 at CFRA
August 28, 2024 3:57 PM EDTCFRA analyst Arun Sundaram lowered the price target on J.M. Smucker (NYSE: SJM) to $128.00 (from $131.00) while maintaining a Hold rating.
The analyst comments "We cut our 12-month target by $3 to $128, 13x our FY 25 (Apr.) EPS of $9.86 (cut from $10.07; FY 26 cut to... More
DA Davidson Reiterates Neutral Rating on J.M. Smucker (SJM)
August 28, 2024 1:02 PM EDTDA Davidson analyst Brian Holland reiterated a Neutral rating and $121.00 price target on J.M. Smucker (NYSE: SJM).
The analyst comments "SJM 1Q25 (Jul) results were solid, albeit against modest consensus expectations; regardless, the headline is the company guided down FY25 (Apr) owing... More
