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Fly News Breaks for December 12, 2019
MMM
Dec 12, 2019 | 06:55 EDT
UBS analyst Markus Mittermaier downgraded 3M to Sell from Neutral with a price target of $160, down from $180. The analyst cites his caution heading into 2020 related to volume, pricing, and the potential polyfluoroalkyl substance contamination liability.
News For MMM From the Last 2 Days
MMM
Feb 17, 2020 | 13:29 EST
Amazon Web Services, an Amazon company (AMZN), announced that 3M (MMM) is moving its enterprise IT infrastructure to AWS. As part of a company-wide enterprise IT transformation initiative, 3M is migrating its enterprise resource planning system, including accounting, supply chain management, manufacturing, product lifecycle management, and e-commerce, along with business-critical enterprise IT applications.