Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back_老虎社区_美港股上老虎

Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back

CNBC2021-07-06

Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse. Analyst John Walsh ...

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GoodnRich
·2021-07-06
Wow
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3
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szueyann
·2021-07-06
Please like and comment. Thanks
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- CCHH:
  done, pls help too
  2021-07-06
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- szueyann:
  thanks
  2021-07-06
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- Acella:
  😀
  2021-07-06
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3257e803
·2021-07-06
Pls like and comment thanks
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6
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- szueyann:
  ok
  2021-07-06
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- SongYong:
  ok
  2021-07-06
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moneyfreedom
·2021-07-06
Wow
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8
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Mingming789
·2021-07-06
Like and comment thanks!
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- Runningdown:
  Done
  2021-07-06
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- 3257e803:
  Sure. Pls like back
  2021-07-06
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- szueyann:
  ok
  2021-07-06
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Sos
·2021-07-06
Reliable Yes or No?
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- moneyfreedom:
  Meh
  2021-07-06
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KK2021
·2021-07-06
Pls like
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8
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- DanielCXL:
  ok
  2021-07-06
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- szueyann:
  ok
  2021-07-06
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- KK2021:
  pls like and comment
  2021-07-07
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EthanLiew
·2021-07-06
Wow
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- EthanLiew:
  Wow
  2021-07-06
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- Reds:
  Hahah
  2021-07-06
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The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157133442,"gmtCreate":1625571090886,"gmtModify":1633939548252,"author":{"id":"3573721781255613","authorId":"3573721781255613","name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573721781255613","authorIdStr":"3573721781255613"},"htmlText":"Please like and comment. Thanks","listText":"Please like and comment. 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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137555,"gmtCreate":1625571905933,"gmtModify":1635235956037,"authorId":3582028323518189,"author":{"id":3582028323518189,"idStr":"3582028323518189","authorId":3582028323518189,"name":"CCHH","avatar":"https://static.tigerbbs.com/1b76ba5082fef7af25e69ffdb570b715","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157133442,"type":1,"supId":0,"prevId":0,"content":"done, pls help <u>too</u>","text":"done, pls help <u>too</u>","html":"done, pls help <u>too</u>"},{"id":5140578,"gmtCreate":1625585396728,"gmtModify":1635235766499,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157133442,"type":1,"supId":5137555,"prevId":0,"content":"thanks","text":"thanks","html":"thanks"},{"id":5140666,"gmtCreate":1625585735207,"gmtModify":1635235758857,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157133442,"type":1,"supId":0,"prevId":0,"content":"😀","text":"😀","html":"😀"}],"langContent":"EN"},{"id":157190431,"gmtCreate":1625570336123,"gmtModify":1631887837192,"author":{"id":"3581813305174334","authorId":"3581813305174334","name":"3257e803","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581813305174334","authorIdStr":"3581813305174334"},"htmlText":"Pls like and comment thanks&nbsp;","listText":"Pls like and comment thanks&nbsp;","text":"Pls like and comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/157190431","repostId":1121961462,"repostType":4,"repost":{"id":"1121961462","pubTimestamp":1625569223,"share":"https://www.laohu8.com/m/news/1121961462?lang=&edition=full","pubTime":"2021-07-06 19:00","market":"us","language":"en","title":"Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back","url":"https://stock-news.laohu8.com/highlight/detail?id=1121961462","media":"CNBC","summary":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impa","content":"<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137453,"gmtCreate":1625571062810,"gmtModify":1631887837204,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157190431,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":5137383,"gmtCreate":1625570483000,"gmtModify":1631887837193,"authorId":3581546936450688,"author":{"id":3581546936450688,"idStr":"3581546936450688","authorId":3581546936450688,"name":"SongYong","avatar":"https://static.tigerbbs.com/b9a9d0f6cfe6fbb661560479b389a828","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157190431,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":157375663,"gmtCreate":1625569540852,"gmtModify":1633939563696,"author":{"id":"3585016169113806","authorId":"3585016169113806","name":"moneyfreedom","avatar":"https://static.tigerbbs.com/0d3d86db039526e68f0ef11b938e4ed9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585016169113806","authorIdStr":"3585016169113806"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157375663","repostId":1121961462,"repostType":4,"repost":{"id":"1121961462","pubTimestamp":1625569223,"share":"https://www.laohu8.com/m/news/1121961462?lang=&edition=full","pubTime":"2021-07-06 19:00","market":"us","language":"en","title":"Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back","url":"https://stock-news.laohu8.com/highlight/detail?id=1121961462","media":"CNBC","summary":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impa","content":"<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157375821,"gmtCreate":1625569540563,"gmtModify":1633939563817,"author":{"id":"3574508822349262","authorId":"3574508822349262","name":"Mingming789","avatar":"https://static.tigerbbs.com/59f9c28be0951667c2586f690e1cbc0f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574508822349262","authorIdStr":"3574508822349262"},"htmlText":"Like and comment thanks!","listText":"Like and comment thanks!","text":"Like and comment thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/157375821","repostId":1121961462,"repostType":4,"repost":{"id":"1121961462","pubTimestamp":1625569223,"share":"https://www.laohu8.com/m/news/1121961462?lang=&edition=full","pubTime":"2021-07-06 19:00","market":"us","language":"en","title":"Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back","url":"https://stock-news.laohu8.com/highlight/detail?id=1121961462","media":"CNBC","summary":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impa","content":"<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137317,"gmtCreate":1625570004977,"gmtModify":1635235972212,"authorId":3576550818064904,"author":{"id":3576550818064904,"idStr":"3576550818064904","authorId":3576550818064904,"name":"Runningdown","avatar":"https://static.tigerbbs.com/ef91444757abfa72f3ede25e971f5398","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157375821,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5137354,"gmtCreate":1625570325976,"gmtModify":1635235969364,"authorId":3581813305174334,"author":{"id":3581813305174334,"idStr":"3581813305174334","authorId":3581813305174334,"name":"3257e803","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157375821,"type":1,"supId":0,"prevId":0,"content":"Sure. Pls like <u>back</u>","text":"Sure. Pls like <u>back</u>","html":"Sure. Pls like <u>back</u>"},{"id":5137455,"gmtCreate":1625571068335,"gmtModify":1635235962144,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157375821,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":157376360,"gmtCreate":1625569448450,"gmtModify":1633939564930,"author":{"id":"3575112879260258","authorId":"3575112879260258","name":"Sos","avatar":"https://static.tigerbbs.com/7f120257600b00c1840d676f817362d4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575112879260258","authorIdStr":"3575112879260258"},"htmlText":"Reliable Yes or No?&nbsp;","listText":"Reliable Yes or No?&nbsp;","text":"Reliable Yes or No?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/157376360","repostId":1121961462,"repostType":4,"repost":{"id":"1121961462","pubTimestamp":1625569223,"share":"https://www.laohu8.com/m/news/1121961462?lang=&edition=full","pubTime":"2021-07-06 19:00","market":"us","language":"en","title":"Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back","url":"https://stock-news.laohu8.com/highlight/detail?id=1121961462","media":"CNBC","summary":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impa","content":"<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137252,"gmtCreate":1625569474582,"gmtModify":1635235976001,"authorId":3585016169113806,"author":{"id":3585016169113806,"idStr":"3585016169113806","authorId":3585016169113806,"name":"moneyfreedom","avatar":"https://static.tigerbbs.com/0d3d86db039526e68f0ef11b938e4ed9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157376360,"type":1,"supId":0,"prevId":0,"content":"<u>Meh</u>","text":"<u>Meh</u>","html":"<u>Meh</u>"}],"langContent":"EN"},{"id":157371160,"gmtCreate":1625569348050,"gmtModify":1633939565925,"author":{"id":"3575143606799200","authorId":"3575143606799200","name":"KK2021","avatar":"https://static.tigerbbs.com/e57decb2950e37ceb12176c97c9be2c4","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3575143606799200","authorIdStr":"3575143606799200"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/157371160","repostId":1121961462,"repostType":4,"repost":{"id":"1121961462","pubTimestamp":1625569223,"share":"https://www.laohu8.com/m/news/1121961462?lang=&edition=full","pubTime":"2021-07-06 19:00","market":"us","language":"en","title":"Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back","url":"https://stock-news.laohu8.com/highlight/detail?id=1121961462","media":"CNBC","summary":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impa","content":"<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137233,"gmtCreate":1625569380335,"gmtModify":1635235977560,"authorId":3578225630518844,"author":{"id":3578225630518844,"idStr":"3578225630518844","authorId":3578225630518844,"name":"DanielCXL","avatar":"https://static.tigerbbs.com/a864e0513924ced47472353efa85e296","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157371160,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":5137458,"gmtCreate":1625571076218,"gmtModify":1635235961787,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157371160,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":5142534,"gmtCreate":1625613701453,"gmtModify":1635235612860,"authorId":3575143606799200,"author":{"id":3575143606799200,"idStr":"3575143606799200","authorId":3575143606799200,"name":"KK2021","avatar":"https://static.tigerbbs.com/e57decb2950e37ceb12176c97c9be2c4","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157371160,"type":1,"supId":5137458,"prevId":0,"content":"pls like and comment","text":"pls like and comment","html":"pls like and comment"}],"langContent":"EN"},{"id":157373762,"gmtCreate":1625569319356,"gmtModify":1633939566271,"author":{"id":"3565923557914189","authorId":"3565923557914189","name":"EthanLiew","avatar":"https://static.tigerbbs.com/4694088a9ee4476144e591137647a3f2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3565923557914189","authorIdStr":"3565923557914189"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/157373762","repostId":1121961462,"repostType":4,"repost":{"id":"1121961462","pubTimestamp":1625569223,"share":"https://www.laohu8.com/m/news/1121961462?lang=&edition=full","pubTime":"2021-07-06 19:00","market":"us","language":"en","title":"Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back","url":"https://stock-news.laohu8.com/highlight/detail?id=1121961462","media":"CNBC","summary":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impa","content":"<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Suisse downgrades 3M to neutral, says legal issues will hold stock back</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse downgrades 3M to neutral, says legal issues will hold stock back\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M"},"source_url":"https://www.cnbc.com/2021/07/06/3m-stock-mmm-downgrade-credit-suisse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1121961462","content_text":"Shares of 3M likely have a ceiling until the company can provide clarity to investors about the impact from legal and environmental issues on earnings, according to Credit Suisse.\nAnalyst John Walsh downgraded the industrial products company to neutral from outperform, citing uncertain costs from a pair of legal issues.\n“Despite fundamental potential upside from a cyclical upturn in global IP, and potential inventory restocking, we think it will be difficult for 3M to regain its premium multiple at this point in the cycle with two, still difficult to quantify liabilities,” the note said.\nThe two issues facing 3M are potential costs related to its use of PFAS chemicals and a lawsuit involving Combat Arms Earplugs, according to Credit Suisse.\nThe company’s stock has performed well this year, rising more than 14%, but it stumbled last month and is down 3% since June. The stock might appear cheap compared to its peers, but that is justified by the liabilities, Credit Suisse said.\n“3M went from trading at a 12% premium to other short cycle [industrials] (e.g., ITW, PH, ROK) to a discount, largely driven by liabilities, though there were some organic sales growth challenges as well,” the note said.\nThe firm bumped up its price target by $2 to $212 per share, which is just 6% above where the stock closed on Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137219,"gmtCreate":1625569329725,"gmtModify":1635235978926,"authorId":3565923557914189,"author":{"id":3565923557914189,"idStr":"3565923557914189","authorId":3565923557914189,"name":"EthanLiew","avatar":"https://static.tigerbbs.com/4694088a9ee4476144e591137647a3f2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157373762,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"},{"id":5137222,"gmtCreate":1625569341571,"gmtModify":1635235978674,"authorId":3578223649779871,"author":{"id":3578223649779871,"idStr":"3578223649779871","authorId":3578223649779871,"name":"Reds","avatar":"https://static.tigerbbs.com/60cba28a6d44ee210adff771bc4ca3f7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157373762,"type":1,"supId":0,"prevId":0,"content":"Hahah","text":"Hahah","html":"Hahah"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":40,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}