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3 M因前景改善而升级Argus Research
2024-07-30 22:22
- 3M (NYSE:MMM) on Tuesday was upgraded to Buy from a previous investment rating of Hold by analysts at Argus Research. They said they industrial conglomerate is improving its profit margin and cash flow.
- “The company is at last making progress with its aggressive steps to engineer earnings and stock price turnarounds,” John Eade, analyst at Argus, said in a July 30 report. “We look for growth to continue in 2025, as the company benefits from cost reductions, and are boosting our preliminary adjusted EPS estimate to $7.65 from $7.50.”
- 3M’s (MMM) shares jumped a record 23% on Friday after the company raised guidance on adjusted earnings.
More on 3M
- 3M Company Jumps 23% As The Selloff Proves To Be An Overreaction
- 3M Company (MMM) Q2 2024 Earnings Call Transcript
- 3M Company 2024 Q2 - Results - Earnings Call Presentation
- 3M upgraded at Deutsche Bank on CEO’s growth strategy
- Earnings drive 3M to top industrial gainer of week, while dragging down Saia
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