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Wolfe Research‘s latest analysis of 3M Company (NYSE:MMM) marked a significant upgrade in the company’s outlook, shifting the rating from “Peer Perform” to “Outperform” and establishing a robust year-end 2024 price target of $125 per share.
What To Know: Key to Wolfe Research analyst Nigel Coe’s optimistic outlook is the appointment of Bill Brown as CEO of 3M, renowned for his successful tenure at L3Harris.
Coe believes Brown’s operational expertise will drive margin …
Full story available on Benzinga.com
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