Goldman Sachs analyst Jason English raised the firm’s price target on J.M. Smucker to $130 from $129 and keeps a Sell rating on the shares. The firm said the company reported “relatively strong” Q1 results with underlying volume/mix rising and lower SG&A contributing to a bottom line beat. All-in, there was little thesis changing, the analyst tells investors in a research note.
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- J.M. Smucker Stock (NYSE:SJM) Gained After Mixed Q2 Results, Guidance Lift
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