Wells Fargo raised the firm’s price target on Scotts Miracle-Gro (SMG) to $75 from $70 and keeps an Overweight rating on the shares. The firm notes that this is the best start for Staples vs the S&P 500 ever. Wells is refreshing price targets for sector moves.
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 SMG:
- Scotts Miracle-Gro’s Forward-Looking Statements Highlight Significant Risk of Diverging Future Results
- Scotts Miracle-Gro expands equity incentives after shareholder approvals
- Scotts Miracle-Gro price target raised to $67 from $66 at UBS
- Scotts Miracle-Gro Maps Profitable Pivot and Buybacks
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!