Here's Why 3M Stock Could Soar by at Least 28% Based on Management's Plans
Reducing inventory in relation to the cost of goods sold may sound like an accounting detail, but it's actually a way to propel the stock higher. The new CEO, William Brown, plans to restructure the company's operations fundamentally.
3M Company (MMM) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching 3M (MMM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The Attraction Of 3M And A Lower Average True Range
You don't usually think of 3M as a stock to swing trade. Here's why we are watching it.
Here's Why 3M Stock Soared by 25% in July
Management raised full-year margin and earnings guidance. After years of operational underperformance, new CEO William Brown has an opportunity to improve 3M's revenue and earnings growth significantly.
Is 3M Stock Going to $150? 1 Wall Street Analyst Thinks So.
3M needs to improve its rate of new product introductions. Brown is looking to make substantive operational improvements and review its sprawling portfolio of businesses.
Is 3M a Great Buy After Stock Bounce?
Shares of 3M popped after earnings, but there may not be as much good news ahead.
Investors Heavily Search 3M Company (MMM): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to 3M (MMM). This makes it worthwhile to examine what the stock has in store.
Want $1000 in Passive Income? Invest This Much in 3M Stock
24/7 Wall St. Insights 3M cut the dividend shareholders receive by over 50% in May.
Is 3M Stock a Buy?
The new CEO, William Brown, is candid about the improvements necessary to improve 3M's performance. A combination of improving research & development and operational improvements is vital to generating value for shareholders.
What's Next For 3M Stock After A 20% Rise Last Week Amid Q2 Beat?
3M (NYSE: MMM) recently reported its Q2'24 results, with revenues and earnings beating the street estimates. The company reported adjusted revenue of $6.0 billion and earnings of $1.93 on a per-share and adjusted basis, compared to the consensus estimates of $5.9 billion and $1.68, respectively.
3M's New CEO Sparks Confidence, But Operational Shakeup and Liabilities Pose Challenges, Says Analyst
RBC Capital Markets analyst Deane Dray reiterated an Underperform rating on the shares of 3M Co MMM and raised the price target from $93.00 to $95.00.
3M (MMM) Crossed Above the 20-Day Moving Average: What That Means for Investors
From a technical perspective, 3M (MMM) is looking like an interesting pick, as it just reached a key level of support. MMM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
