Goldman Sachs turns negative on J.M. Smucker

|About: J. M. Smucker Company (SJM)|By:, SA News Editor

Goldman Sachs lowers its rating on J.M. Smucker (NYSE:SJM) to Sell from Neutral on concerns over the ability of the company to match consensus earnings estimates.

The investment firm sets a price target of $120 on the food stock.

Shares of SJM are flat in premarket trading.

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