Wells Fargo analyst Chris Carey raised the firm’s price target on Scotts Miracle-Gro to $75 from $60 and keeps an Equal Weight rating on the shares. The firs does "not see much reason to aggressively fade SMG:" first half of the year visibility better, hard to argue otherwise pending weather.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SMG:
- Scotts Miracle-Gro says Project Springboard to exceed $185M annualized savings
- Scotts Miracle-Gro sees 2023 adjusted operating income up low single digits
- ScottsMiracle-Gro Reports First Quarter Results
- Scotts Miracle-Gro sees Q1 adjusted EPS ($1.02), consensus ($1.32)
- Scotts Miracle-Gro price target raised to $60 from $50 at Wells Fargo
