Barclays raised 3M's price target from $112 to $118. According to the bank, under normal macroeconomic conditions, an operating margin of 30% to 40% seems appropriate; industrial demand is mixed and is expected to remain so in the second half of the year; consumption is weak but stable, and disposable spending is under pressure.
大行评级｜巴克莱：上调3M目标价至118美元 指利润率改善
Bank Ratings | Barclays: Raising 3M's target price to $118 indicates an improvement in profit margins
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.