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J.M. Smucker price target raised to $132 from $129 at Barclays

Barclays analyst Andrew Lazar raised the firm’s price target on J.M. Smucker to $132 from $129 and keeps an Equal Weight rating on the shares. The analyst finds it hard to argue against Smucker seeing its fiscal Q3 results as a “validating moment” regarding its strategic journey.

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