3M Co
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Industrials : Industrial Conglomerates | Large Cap Blend
Company profile

3M Co is a technology company. The Company operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care and Consumer. Safety and Industrial segment consist of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. Transportation and Electronics segment consists of electronics, including display materials and systems, electronic materials solutions, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. Health Care segment’s products and services include medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems and food safety products. Consumer segment serves consumers and consists of home improvement, stationery and office supplies, home care and consumer health care.

Closing Price
$175.06
Day's Change
-3.70 (-2.07%)
Bid
--
Ask
--
B/A Size
--
Day's High
179.45
Day's Low
174.61
Volume
(Heavy Day)
Volume:
3,363,387

10-day average volume:
2,254,243
3,363,387

Plug Power stock set to snap long win streak after J.P. Morgan says it is 'fully valued'

7:13 am ET January 14, 2021 (MarketWatch)
Print

Shares of Plug Power Inc. (PLUG) dropped 6.0% in premarket trading Thursday, putting them in danger of snapping a seven-day win streak (http://www.marketwatch.com/story/plug-powers-stock-surges-again-after-more-than-doubling-the-past-6-days-2021-01-13), after J.P. Morgan analyst Paul Coster initiated a price target at a 14% discount. Coster started coverage of Plug Power at neutral with a price target of $60, after the stock closed Wednesday at $69.50, the highest close since October 2005 (http://www.marketwatch.com/story/plug-power-stock-rallies-to-nearly-15-year-high-after-analyst-calls-renault-deal-validating-11610478111). Coster said Plug Power is a "first- and fast-mover in the hydrogen fuel cell space with proven technology to pursue a massive market opportunity," and could grow sales to more than $1.2 billion by 2024. "This is our top pick in the hydrogen space, but [the stock is] fully-valued in our view," Coster wrote. The stock has more than doubled (up 116.0%) amid a seven-session win streak through Wednesday, which was the longest win streak since November 2019. The stock has skyrocketed four-fold (up 301.7%) over the past three months, while the S&P 500 has gained 9.2% the past three months.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

January 14, 2021 07:13 ET (12:13 GMT)

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