3M Options Trading: A Deep Dive into Market Sentiment

Benzinga
2025.04.10 17:00
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Deep-pocketed investors are showing a bullish sentiment towards 3M (MMM), with 53% leaning bullish and 46% bearish based on recent options trading data. Significant options activities were recorded, with a predicted price range of $120.0 to $170.0 over the last three months. Currently, 3M's stock is down by 5.28% at $131.01, with analysts proposing an average target price of $150.0. Barclays and JP Morgan maintain Overweight ratings, targeting $160 and $140 respectively. The next earnings report is due in 12 days.