Movement Alert｜3M After-Hours Rise 3.14%, shares advance ahead of quarterly results despite a Jefferies target cut

Market Focus

11 hours ago

On October 20, 3M rose 3.14% in After-Hours Trading, trading at $167.24/share, with Turnover of $33.077 million.

The most recent company-specific development was Jefferies lowering its price target on 3M to $187 from $191 on October 19, while the stock still carried an average analyst rating of overweight and a mean price target of $189.93.

That target change was modest and remained above the current trading level, suggesting the note was not a severe negative reassessment. Near-term focus is also on 3M's next earnings release scheduled for October 20, with consensus expecting EPS of $2.41, following EPS of $2.40 in the prior reported quarter.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Near-term focus is also on 3M's next earnings release scheduled for October 20, with consensus expecting EPS of $2.41, following EPS of $2.40 in the prior reported quarter.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMM","symbol_name":"3M","start_time":0,"source_url":"","article_id":"1141399140","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141399140","pubTimestamp":1792443447,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On October 20, 3M rose 3.14% in After-Hours Trading, trading at $167.24/share, with Turnover of $33.077 million.The most recent company-specific development was Jefferies lowering its price target on...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MMM":"3M"},"translate_title":"走势警报|3M 盘后股价上涨 3.14%，尽管杰富瑞下调了目标，但股价在季度业绩公布前上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMM":1},"content_text":"On October 20, 3M rose 3.14% in After-Hours Trading, trading at $167.24/share, with Turnover of $33.077 million.The most recent company-specific development was Jefferies lowering its price target on 3M to $187 from $191 on October 19, while the stock still carried an average analyst rating of overweight and a mean price target of $189.93.That target change was modest and remained above the current trading level, suggesting the note was not a severe negative reassessment. 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