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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.

Write to SmarTrend at cs@mysmartrend.com

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