In a report released on July 18, Andrew Kaplowitz from Citi maintained a Hold rating on 3M, with a price target of $160.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Andrew Kaplowitz’s rating is based on a combination of factors including 3M’s solid operational performance and the current demand environment. Despite achieving good results in the second quarter of 2025, the company’s stock has underperformed, reflecting investor concerns about ongoing muted demand, which affects top-line growth. The management’s comments on the sluggish global economy suggest that the challenging demand environment will persist, although 3M’s efforts in new product introductions could gradually support growth as market conditions improve.
Additionally, while 3M shows strong margin performance and expected free cash flow conversion, mixed demand trends may limit immediate growth potential. The company is taking steps to improve operational execution, which could support its guidance for 2025. However, with macroeconomic uncertainties affecting key markets like consumer, automotive, and electronics, 3M’s conservative margin guidance and focus on capital deployment strategies such as share repurchases reflect a cautious approach in balancing investments with external challenges.
According to TipRanks, Kaplowitz is a top 25 analyst with an average return of 29.9% and a 77.51% success rate. Kaplowitz covers the Industrials sector, focusing on stocks such as Emerson Electric Company, Aecom Technology, and Flowserve.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $158.00 price target.