J. M. Smucker (NYSE:SJM) Price Target Raised to $122.00

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JPMorgan Chase & Co. raised its price target for J. M. Smucker (NYSE:SJM) to $122.00 from $121.00, maintaining an “overweight” rating and suggesting a potential upside of 10.23% from its previous close. Despite this, analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $116.36 across 18 analysts. The company’s shares traded up 0.3% at $110.68, with a market capitalization of $11.8 billion, and reported negative trailing PE while setting FY2026 guidance.

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