Wells Fargo raised the firm’s price target on J.M. Smucker (SJM) to $120 from $115 and keeps an Overweight rating on the shares. The firm sees J.M. Smucker tracking better than its go-in assumptions for fiscal 2026, the analyst tells investors in a research note. Expectations have also come up, and the firm sees a balanced setup.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SJM:
- J.M. Smucker price target raised to $110 from $106 at Stifel
- JM Smucker’s Hold Rating: Balancing Strong Coffee Sales with Tariff Risks and Competitive Pressures
- J.M. Smucker increases dividend 2% to $1.10 per share
- J.M. Smucker Chief Marketing Officer Gail Hollander to retire in April 2026
- Nvidia hits $4T market cap, Merck acquires Verona Pharma: Morning Buzz