3M Company is a diversified technology and manufacturing firm that operates across various sectors, including consumer goods, healthcare, and industrial products
Known for its innovative approach, 3M develops a wide array of products ranging from adhesives and abrasives to medical devices and safety equipment. The company leverages its extensive research and development capabilities to create unique solutions that enhance productivity, improve safety, and promote sustainability in numerous applications. With a global presence, 3M is committed to addressing customer needs while fostering advancements in materials science and technology.
Case Sealers (888-262-1988) - a division of Pack-n-Tape - has announced updates to its range of 3M case sealing products for industrial packing applications.
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What has Wall Street been buzzing about this week? Here is a brief look at the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Jan. 20-24, 2025.
According to TheFly, Wells Fargo analyst Joseph O'Dea upgraded the stock to ‘Overweight’ from ‘Equal Weight’ and raised the price target to $170 from $140.
Shares of industrial conglomerate 3M (NYSEMMM)
jumped 6.1% in the pre-market session after the company reported fourth-quarter results, which exceeded analysts' revenue and EPS expectations. On the other hand, its full-year EPS guidance fell slightly short of Wall Street's estimates. Zooming out, we think this was a decent quarter featuring some areas of strength but also some blemishes.
3M reported a marginal rise in net sales to $6 billion compared to a Wall Street estimate of $5.8 billion. Earnings per share (EPS) stood at $1.68 compared to an estimated $1.67.
Industrial conglomerate 3M (NYSEMMM) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 5.8% year on year to $6.01 billion. Its non-GAAP profit of $1.68 per share was 9.3% above analysts’ consensus estimates.
