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Opinion on  3M Company (MMM)     Sector: Conglomerates  >  Industry: Conglomerates
3M To Beat Q1 Earnings

Apr 22, 2009 05:19 PM GMT
Me
Return Risk
+44.94% LOW
Analyst

Recent News   Fundamental Analysis  

The industrial sector is performing stronger than expected in Q1 with CAT turning in nice Q1 results yesterday, also stating that MARCH was a GOOD month. Some of 3Ms worst plants are beating their individual (per-plant) targets by 20$ Mil. Should make for an interesting earnings season with a target price around $65, with major resistance a little above that.

MMM:  This call was made on 04/22/09 @ $53.63
Rating:   Positive   $53.63 (04/22/09)
Gain/Loss:   +44.94% in 216 days
Target:   $65.00 (+21.20%) in < two weeks


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