From Financial Modeling Prep: 2025-01-03 10:24:00

RBC Capital analysts lowered 3M’s price target to $96, maintaining an Underperform rating due to persistent challenges. New CEO Bill Brown’s leadership brings hope, but the company’s culture and structure may hinder significant change. Previous outsider CEOs faced internal resistance, raising concerns about the success of Brown’s strategies.

3M faces risks from PFAS liabilities, including personal injury trials starting in October 2025. Legal exposures span personal injury, wastewater utility, international claims, Superfund sites, and attorneys general cases. The financial impact remains significant, potentially draining 3M’s cash flow in the future. Market underestimation of these risks could pose a threat to the company’s financial health.



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