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Home Stock Analysis 3M shares were upgraded to a buy recommendation by BofA (NYSE:MMM) as the new CEO is expected to focus on operations and innovation to drive growth.

3M shares were upgraded to a buy recommendation by BofA (NYSE:MMM) as the new CEO is expected to focus on operations and innovation to drive growth.

by xyonent
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3M (NYSE:MMM) +1.9% Bank of America upgraded the stock to buy from neutral in trading on Friday, raising its price target to $120 from $105, citing new CEO Bill Brown’s desire to refocus the company on growth and operations.

BofA believes in changeHmm

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