BofA lowered the firm’s price target on J.M. Smucker (SJM) to $118 from $120 and keeps a Neutral rating on the shares. The firm lowered its FY26 adjusted EPS estimate as it flows through a Q1 miss and reflects second half weighted EPS delivery, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SJM:
- JM Smucker’s Hold Rating: Navigating Tariff Pressures and Strategic Adjustments
- J.M. Smucker Reports Q1 Earnings and Raises Sales Outlook
- MongoDB reports Q2 beat, Sompo to acquire Aspen Insurance: Morning Buzz
- J.M. Smucker sees taking additional coffee pricing actions in early winter
- Video: MongoDB, Okta rise after software makers’ earnings beats