Barclays analyst Andrew Lazar raised the firm’s price target on J.M. Smucker to $132 from $129 and keeps an Equal Weight rating on the shares. The analyst finds it hard to argue against Smucker seeing its fiscal Q3 results as a “validating moment” regarding its strategic journey.
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Read More on SJM:
- J.M. Smucker price target lowered to $152 from $153 at Citi
- J.M. Smucker upgraded to Buy from Hold at Stifel
- J.M. Smucker price target raised to $109 from $108 at Goldman Sachs
- J.M. Smucker sees FY24 free cash flow $500M vs. prior view $530M
- The J.M. Smucker Co. Announces Fiscal 2024 Third Quarter Results
