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Scotts Miracle-Gro price target lowered to $76 from $79 at Stifel

Stifel lowered the firm’s price target on Scotts Miracle-Gro (SMG) to $76 from $79 and keeps a Buy rating on the shares. Following a deep dive, the firm is “modestly increasing” its estimates, which are at the high end of FY26 EPS guidance, but is adjusting its target price for lower prevailing multiples.

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