Deutsche Bank raises target for 3M stock from USD 192.00 to USD 194.00

Published on 10/02/2026 at 16:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3M reported adjusted sales of USD 6.50 billion in the second quarter. 3M stock was EUR 144.90 on October 2, 2026 versus EUR 145.80, minus 0.62 percent.

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Deutsche Bank raised its price target for 3M (ISIN US88579Y1010) from USD 192.00 to USD 194.00 while maintaining a Hold rating, according to MarketBeat on September 30, 2026. The move gives the latest analyst view a higher target, but the Hold rating keeps the assessment cautious.

Deutsche Bank lifts the target

The USD 2.00 increase represents a 1.04 percent rise in Deutsche Bank's target, calculated against its previous USD 192.00 level. MarketBeat also reported a broader consensus Hold rating and an average target of USD 181.36, placing the Deutsche Bank target above that reference.

The analyst update arrived as 3M continued to emphasize operational improvement and product innovation. The company's September investor-relations page lists a September 15, 2026 presentation at the Morgan Stanley Laguna Conference, giving investors a recent management reference point.

Second-quarter sales beat estimates

3M's latest reported quarter ended June 30, 2026. The company disclosed adjusted sales of USD 6.50 billion, adjusted earnings per share of USD 2.40 and adjusted free cash flow of USD 1.30 billion on its investor-relations page, compared with adjusted sales of USD 6.40 billion and consensus earnings per share of USD 2.25 reported by 3M and MarketBeat.

The comparison matters because sales exceeded the consensus figure by USD 0.10 billion, while adjusted earnings per share were USD 0.15 above expectations. 3M's investor-relations materials also show fiscal-year 2025 adjusted sales of USD 24.30 billion and adjusted earnings per share of USD 8.06, providing a historical baseline for the current improvement story.

Euro quote stays below prior close

A separate NYSE quote was USD 163.25 at 10:27 a.m. ET on October 2, 2026. The same quotation source showed a 52-week range of USD 124.65 to USD 184.90 and market capitalization of USD 84.2 billion, while the Lang & Schwarz euro quote was EUR 144.90 at 4:12 p.m. CEST on October 2, 2026, versus a prior close of EUR 145.80 and minus 0.62 percent.

For investors, the key tension is visible in the numbers: quarterly execution exceeded consensus, yet the latest analyst action retained a Hold rating. That leaves the USD 194.00 target as a measured upgrade rather than a broad change in the market's risk assessment. The further course of trading is shown by the continuously updated real-time quote of 3M stock.