TD Cowen lowered the firm’s price target on J.M. Smucker (SJM) to $113 from $124 and keeps a Hold rating on the shares. The firm lowered otheir FY26 and FY27 EPS in-line with consensus and the price target to reflect lower valuations in Food.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SJM:
- Balancing 2027 Coffee Leverage Against Portfolio Headwinds and Sector De-Rating: Rationale for a Hold Rating
- Oracle, Nike upgraded: Wall Street’s top analyst calls
- Positioned for Earnings Rebound by FY27: Coffee Recovery, Uncrustables Growth, and Pet Food Strength Support Buy Rating
- J.M. Smucker upgraded to Outperform from Market Perform at Bernstein
- JM Smucker Finalizes Separation Agreement with Former COO