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Fly News Breaks for September 22, 2015
MMM
Sep 22, 2015 | 08:59 EDT
Noting that 3M has underperformed the market over the past quarter, Argus thinks that the company appears poised to deliver low to mid-single-digit organic sales growth going forward. The firm predicts that the company will generate high single digit percentage earnings growth over time. Argus thinks the company should benefit from new products and a more stable macro environment going forward. It keeps a Buy rating on the shares.
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