TheStreet Maintains "Buy" Rating on 3M (MMM)

TheStreet Maintains “Buy” Rating on 3M (MMM)


TheStreet reported on Tuesday that it has maintained its current “Buy” rating on technology company, 3M Co(MMM).

TheStreet has reiterated a “Buy” rating on MMM with a ratings score of A. They view the company has having a few weaknesses which are likely to be offset by strong revenue growth as well as a solid financial position with reasonable debt levels. The company has also had a solid stock price with increases in net income and EPS.

The stock was able to exceed the S&P with earnings growth as well as the rate of the stock price increase.

3M shares were up $1.25, or 1.21% during Tuesday morning trading. The stock has increased 20% in the past year.

The Bottom Line
Shares of 3M Co(MMM) have a 2.43% yield, based on Tuesday morning’s price of $104.34.

3M Co(MMM) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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