Scotts Miracle-Gro (SMG) has disclosed a new risk, in the Economy & Political Environment category.
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Scotts Miracle-Gro could face significant challenges in accessing capital markets due to potential global economic instability and capital market fluctuations. This may hinder their ability to secure favorable financing terms for operations, expansion, or debt refinancing. The company’s reliance on financial markets and credit facilities for liquidity puts them at risk if lenders fail to meet funding commitments or if market volatility increases. Consequently, Scotts Miracle-Gro might need to implement cash conservation strategies or seek alternative funding solutions to ensure business continuity.
The average SMG stock price target is $80.00, implying 2.83% upside potential.
To learn more about Scotts Miracle-Gro’s risk factors, click here.
