3M Company (MMM) witnessed significant
investment activity both by new and existing shareholders. Several entities cut their stakes, such as
Korea Investment CORP and
Tribune Investment Group. Simultaneously, firms like
Versor Investments LP and
Kaufman Rossin Wealth LLC are exhibiting new interest in the conglomerate. Surprising organic growth rate gained attention, encouraging market experts, with
Jim Cramer expressing appreciation. Share price fluctuations left investors pondering whether to invest now or wait. Earnings surpassing estimates also spurred interest.
Barclays maintained an ‘Overweight’ rating and lifted their price target on 3M. Despite the appreciation for 3M’s earnings beat and improved outlook, the stock experienced a downturn. Furthermore, 3M's expansion despite rising costs raises questions about sustainability. In face-off with Honeywell, the choice of investment leans towards 3M post its successful quarterly earnings. Regulatory focus stays on 3M with law firm Girard Sharp encouraging investigation notice. 3M traded down with no clear reasoning disclosed.
3m Company MMM News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 20:43:37 GMT -
Rating 7
- Innovation 2
- Information 9
- Rumor 1
