A recent analysis by ETF Channel reveals that 3M Co (Ticker: MMM) ranks as the 15th most favored stock among major brokerages in the Dow Jones Industrial Average, out of 30 total stocks. In the broader S&P 500, 3M holds the 167th position when ranked by analyst recommendations.
On Tuesday, MMM is trading down approximately 0.3%. This comes amid a generally negative trend in the Medical Instruments & Supplies sector, where competitors like Intuitive Surgical Inc (ISRG) and Abbott Laboratories (ABT) have seen declines of 2.7% and 1.7%, respectively.
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