3M Company (MMM) has disclosed a new risk, in the Corporate Activity and Growth category.
3M Company faces considerable risks associated with its Aearo Entities and the Combat Arms Earplugs (CAE) Settlement. The company, having sold the CAE from 2008 to 2015, is now navigating significant litigation challenges. Despite believing in the efficacy and safety of the earplugs, 3M has committed to a $6.0 billion settlement to resolve claims. This settlement is fraught with uncertainties, including potential shortfalls in plaintiff participation and the risk of additional litigation or regulatory changes, which could materially impact 3M’s financial position and reputation.
The average MMM stock price target is $105.00, implying 11.89% upside potential.
To learn more about 3M Company’s risk factors, click here.
