3M hiked to Buy at BofA as new CEO focus on ops, innovation should spur growth (NYSE:MMM)

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3M(New York Stock Exchange: mmm) +1.9% In Friday trading, Bank of America upgraded its shares to buy from Neutral with a price target of $120, up from $105, citing new CEO Bill Brown's desire to refocus the company on growth and operations.

Bank of America believes in changeMmm

BofABuyCEOFocusGrowthhikedinnovationNYSEMMMopsspur
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