3M Growth Prospects Improving Into 2026, Says Analyst
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3M's stock rose after beating Q4 earnings estimates, with adjusted sales of $6.023 billion and EPS of $1.83. Bank of America raised EPS estimates and maintained a Buy rating, projecting 2026 EPS of $8.50-$8.70 and sales of $25.250 billion. Analyst Andrew Obin noted strong growth in Safety & Industrial, despite weaker performance in Consumer. He expects margin expansion and improved growth prospects, raising EPS estimates for 2026 to $8.70 and for 2027 to $9.18. 3M shares were up 0.76% at $157.30.
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