14:24 ET–3M Co. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. UBS upgraded 3M to neutral from sell, raising its price target to $126 from $118, saying the company’s litigation liability is now reflected in its share price. Meanwhile, Deutsche Bank lowered its price target to $127 from $155. 3M, a Dow component, was recently up 3% at $123.22. On Thursday, a judge authorized 3M’s bankrupt Aearo Technologies LLC subsidiary to participate in a mediation process for earplug injury claims. Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
September 09, 2022 14:39 ET (18:39 GMT)
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