Analysts Offer Insights on Industrial Goods Companies: 3M (MMM) and Virgin Galactic Holdings (SPCE)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on 3M (MMM) and Virgin Galactic Holdings (SPCE) with bullish sentiments.
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3M (MMM)
Bank of America Securities analyst Andrew Obin maintained a Buy rating on 3M yesterday and set a price target of $200.00. The company’s shares closed last Monday at $142.52.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
3M has an analyst consensus of Moderate Buy, with a price target consensus of $177.11, representing a 23.2% upside. In a report issued on March 20, Barclays also maintained a Buy rating on the stock with a $190.00 price target.
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Virgin Galactic Holdings (SPCE)
TD Cowen analyst Oliver Chen maintained a Buy rating on Virgin Galactic Holdings today and set a price target of $4.50. The company’s shares closed last Monday at $2.17.
According to TipRanks.com, Chen is a 4-star analyst with an average return of
Currently, the analyst consensus on Virgin Galactic Holdings is a Moderate Buy with an average price target of $4.00.
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