3M Reports Third-Quarter Results; Raises Full-Year 2024 Earnings Guidance

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3M (MMM) PT Raised to $100 at RBC Capital

October 23, 2024 6:50 AM EDT

RBC Capital analyst Deane Dray raised the price target on 3M (NYSE: MMM) to $100.00 (from $99.00) while maintaining a Underperform rating.

The analyst comments "Our view: Underperform-rated 3Ms generally in-line 3Q24 results initially boosted the shares ~5% before reversing course and ending the... More

3M (MMM) PT Raised to $165 at CFRA

October 22, 2024 12:31 PM EDT

CFRA analyst Jonathan Sakraida raised the price target on 3M (NYSE: MMM) to $165.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "3M's Q3 results revealed another encouraging quarter that beat both consensus and CFRA expectations, with operating EPS rising 18% Y/Y (excl. Solventum) to... More

3M Co. (MMM) Tops Q3 EPS by 8c, Beats on Revenue; Offers FY24 EPS Guidance

October 22, 2024 6:31 AM EDT

3M Co. (NYSE: MMM) reported Q3 EPS of $1.98, $0.08 better than the analyst estimate of $1.90. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $6.06 billion.

GUIDANCE:

3M Co. sees FY2024 EPS of $7.20-$7.30, versus the consensus... More