HSBC assumed coverage on shares of 3M ( NYSE:MMM – Free Report ) in a research note released on Friday, Marketbeat Ratings reports. The firm issued a hold rating and a $109.00 target price on the conglomerate's stock. Other equities analysts have also recently issued research reports about the company. Wolfe Research upgraded 3M from an underperform rating to a peer perform rating in a research report on Tuesday, August 29th. Wells Fargo & Company dropped their target price on 3M from $110.

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