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3M's Modest Results Win Analyst Praise, But PFAS Litigation Risk Looms
Benzinga· 2025-10-23 02:23
RBC Capital analyst Deane Dray raised the price target for the post-it maker 3M Company (NYSE:MMM) from $120 to $130, while keeping an Underperform rating. • MMM stock is challenging resistance. See the full story here.Recent Earnings ResultsOn Tuesday, the company posted for the third quarter adjusted sales of $6.3 billion, which came slightly above the consensus estimate of $6.255 billion.Adjusted earnings per share rose 10% Y/Y to $2.19, topping the Street estimate of $2.07.3M raised its 2025 adjusted EP ...