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Scotts Miracle-Gro Company (SMG) Gets a Hold from UBS

Tipranks - Tipranks - Thu Jan 15, 7:12AM CST

UBS analyst Peter Grom maintained a Hold rating on Scotts Miracle-Gro Company today and set a price target of $66.00.

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Grom covers the Consumer Defensive sector, focusing on stocks such as General Mills, The Hershey Company, and Monster Beverage. According to TipRanks, Grom has an average return of -2.9% and a 52.40% success rate on recommended stocks.

In addition to UBS, Scotts Miracle-Gro Company also received a Hold from TipRanks – OpenAI’s OpenAI Agricultural Inputs in a report issued yesterday. However, on the same day, Wells Fargo maintained a Buy rating on Scotts Miracle-Gro Company (NYSE: SMG).

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Based on Scotts Miracle-Gro Company’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $387.4 million and a GAAP net loss of $151.8 million. In comparison, last year the company earned a revenue of $414.7 million and had a GAAP net loss of $244 million

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