BUZZ - Bernstein raises 3M rating, citing stronger growth and valuation prospects
路透社2026/09/25 11:41September 25 - ** Bernstein upgraded industrial giant 3M (MMM.N) from "Underperform" to "Market Perform"
** Before the market open, the stock rose slightly
** The new target price implies a 2% upside from the stock’s previous closing price
** The firm noted that 3M has structurally reformed its R&D functions, improving product innovation and predictability of future growth
** Bernstein stated that easing pressures from R&D challenges will drive faster organic growth and bring a more optimistic valuation outlook
** As of the last trading day’s close, the stock had gained 4.6% year-to-date, underperforming the S&P 500 Index .SPX with its 12.5% increase
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