3M Company (NYSE:MMM) is among the 15 Best DRIP Stocks to Own Right Now. RBC Capital raised 3M’s price target to $130 while maintaining an Underperform rating. The company reported third-quarter results with $6.3 billion in sales, 3.2% organic growth, and $2.19 adjusted EPS.
3M Company (NYSE:MMM) also generated $1.8 billion in operating cash flow, $1.3 billion in adjusted free cash flow, and raised its 2025 adjusted EPS guidance. The diversified technology firm manufactures products for various industries like electronics, automotive, and consumer goods, with a wide product range.
Despite 3M’s potential as an investment, certain AI stocks may offer greater upside potential. The company’s performance in the third quarter included strong organic growth, improved operating margin, and increased adjusted EPS. Ongoing PFAS litigation poses a significant risk to the company.
Read more at Yahoo Finance.: RBC Capital Raises 3M (MMM) Price Target to $130 but Maintains Underperform Rating
