Reported 1 day ago
Stifel has forecasted an 11% decline in earnings per share (EPS) for The J. M. Smucker Company (NYSE:SJM) in fiscal year 2026, reducing its previous EPS projection by 13%. Following the company's better-than-expected Q4 2025 results, the analyst downgraded the stock price target from $120 to $106 while maintaining a 'Hold' rating, citing weaknesses in the Coffee and Sweet Baked Goods segments. Despite the downgrade, Smucker's broader financial stability and strong food product portfolio remain noteworthy.
Source: YAHOO