Scotts Miracle-Gro price target lowered to $70 from $71 at Stifel

Stifel analyst W. Andrew Carter lowered the firm’s price target on Scotts Miracle-Gro (SMG) to $70 from $71 and keeps a Hold rating on the shares. Following fiscal Q3 earnings, the firm has “a more positive bias following what we viewed as positive results and the post F3Q25 underperformance,” but it remains on the sidelines, the analyst tells investors. Though its target price “underscores our positive bias,” the firm believes a neutral approach remains appropriate given the volatile stock performance, the analyst added.