Industrials
Industrial Conglomerates
2 companies under coverage.
Coverage
Industrial Conglomerates
Equity Research
3M Company (MMM)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $297, +83% vs spot. It needs the multiple to hold or expand.
Equity Research
Honeywell International Inc (HON)
The bull case — 'Bull — Re-Rate' (8% weight) — targets $418, +87% vs spot. It needs the multiple to hold or expand.