Fly News Breaks for February 13, 2018
MMM
Feb 13, 2018 | 06:07 EDT
Deutsche Bank analyst John Inch upgraded 3M to Buy and raised his price target for the shares to $275 from $240. The company remains in the early innings of realizing cost-saving benefits from its reorganization, Inch tells investors in a research note. He expects the company's Business Transformation synergies to "meaningfully accelerate" beyond 2018. Further, after years of U.S. pricing headwinds, 3M could be on the cusp of realizing improved pricing trends, the analyst adds.
News For MMM From the Last 2 Days