**3M Upgraded to Market Perform by Bernstein on September 25, 2026**
On September 25, 2026, Bernstein upgraded 3M’s (NYSE: MMM) rating from **Underperform** to **Market Perform**. This change follows Bernstein’s previous rating on July 22, 2026, which maintained the Underperform status. On the same day, Wells Fargo initiated coverage on 3M with an **Equal-Weight** rating, marking a dual action of 1 upgrade and 1 initiation for the session.
As of its latest earnings report on July 21, 2026, 3M reported an EPS of **$2.40**, surpassing the estimated **$2.27** (+5.83% surprise), with revenues of **$6.5 billion** against an estimate of **$6.47 billion**. The company’s stock closed at **$169.50** on September 25, a 2.18% increase from the prior close of **$167.52**. The consensus target mean for the stock is **$185.73**, indicating a potential increase of **9.57%** from current levels.
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