Morgan Stanley Cuts Smucker (SJM) Target After Strong Run, Flags Margin Recovery Risk

The J. M. Smucker Company (NYSE:SJM) is included among the 15 Best High Yield Stocks to Buy. Morgan Stanley Cuts Smucker (SJM) Target After Strong Run, Flags Margin Recovery Risk On January 16, Morgan Stanley downgraded The J. M. Smucker Company (NYSE:SJM) to Equal Weight from Overweight, and also cut its price target to $105 from $115. The firm said the broader US food space is heading into 2026 with increasing competitive pressure, as value-driven pricing, heavier promotions, and renewed private label ...