UPDATE: Citigroup Reiterates on 3M Following 2014 Outlook Meeting

In a report published Wednesday, Citigroup analyst Deane M. Dray reiterated a Neutral rating on 3M (NYSE: MMM ), and raised the price target from $122.00 to $133.00. In the report, Citigroup noted, “Given the bold shareholder-friendly moves unveiled at its 2014 Outlook meeting, you would think that an activist