3M, C4 Therapeutics, Pepsico among companies in analyst research roundup
MMM•Analysts cut 3M’s price target to $185 from $205 and Pepsico’s to $132 from $138. JPMorgan initiated coverage of C4 Therapeutics with an overweight rating and a $10 price target.
1. Selected analyst actions
JPMorgan lowered its price target for 3M to $185 from $205. Deutsche Bank cut its Pepsico target to $132 from $138, while JPMorgan began coverage of C4 Therapeutics with an overweight rating and a $10 target.
2. Broader roundup
The research roundup listed rating or price-target changes for dozens of other U.S.-listed companies, including analyst target cuts for Boeing, Datadog, Pfizer and Rocket Lab.
