3M: Lifting My Price Target Into Earnings, Shares Hit Key Support (NYSE:MMM)

Core Insights - The bull market has reached its three-year milestone, with the S&P 500 experiencing an 89% gain, including dividends, during this period [1] Sector Performance - Among the 11 S&P 500 sector ETFs, five sectors have compounded annualized growth rates below 10%, indicating underperformance relative to the overall market [1]