UPDATE: Morgan Stanley Downgrades 3M on Increasing Negative Outlook
December 02, 2013 at 11:02 AM EST
In a report published Monday, Morgan Stanley analyst Nigel Coe downgraded the rating on 3M Co. (NYSE: MMM ) from Equal-Weight to Underweight, and lowered the price target from $123.00 to $122.00. In the report, Morgan Stanley noted, “Attractive end market footprint. MMM has the most global sales mix in
