UPDATE: Jefferies Lowering Price Target on 3M

Jonathan Chen , Benzinga Staff Writer

October 26, 2011 8:45am Comments

Jefferies & Co. is out with a research report on 3M (NYSE: MMM) and is lowering its price target to $90 from $104, but is keeping its Buy rating on shares.

Shares of MMM closed at $77.04 yesterday.

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UPDATE: Jefferies Lowering Price Target on 3M

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