Wells Fargo analyst Joseph O’Dea upgraded shares of manufacturer 3M to the equivalent of Buy from Hold. His price target went to $170 from $140.
Bullish technicals but overvalued P/B ratio suggests caution; hold for now, consider profit-taking for early investors.
The move comes as the market continues to warm to CEO Bill Brown's plans to rejuvenate the company's long-term growth rate ...
M Co (NYSE: MMM) pushed 4% up after reporting market-beating financial results for the fourth quarter on Tuesday. Shares of the multinational conglomerate have nearly doubled over the past 11 months.
Brown is aiming to take 3M's gross profit margin to the "high 40s" compared to 41.2% in 2024 and 39.1% in 2023, partly by ...
3M Co (NYSE:MMM) stock is up 0.4% at $150.04 at last glance, brushing off the broad-market selloff and climbing back up ...
provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield. MMM Price Action: Shares of 3M gained 1% to close at $139.18 on Thursday.
In the three months ending December 31, 3M's revenue increased 0.1% year over year to $6 billion. Its earnings per share (EPS) declined 1.2% from the year-ago period to $1.68. The results beat ...