3M price target raised to $152 from $142 at Citi

Citi raised the firm’s price target on 3M (MMM) to $152 from $142 and keeps a Neutral rating on the shares. A “solid” Q4 report and “prudent” 2025 guidance provide “strong signs” of margin expansion potential across 3M under CEO Bill Brown, the analyst tells investors in a research note. The firm says that while a litigation related overhang still remains, investor focus has somewhat shifted to 3M’s operational performance and the company has been delivering on generating solid operational margin.