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3M Co (MMM) Approaches New Upside Target of $158.47

Jun 23, 2020 (SmarTrend(R) News Watch via COMTEX) --
3M Co (NYSE:MMM) has opened bullishly above the pivot of $156.53 today and has reached the first level of resistance at $157.58. Analysts will be watching for a cross of the next upside pivot targets of $158.47 and $160.41.

In the past 52 weeks, shares of 3M Co have traded between the current low of $0.00 and a high of $187.72 and are now at $0.00. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

There is potential upside of 0.0% for shares of 3M Co based on a current price of $0.00 and an average consensus analyst price target of $225.00. 3M Co shares should first meet resistance at the 50-day moving average (MA) of $151.55 and find additional resistance at the 200-day MA of $159.40.

SmarTrend is tracking the current trend status for 3M Co and will alert subscribers who have MMM in their portfolio or watchlist when shares have changed trend direction.

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