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Stock impact report

Morgan Stanley Cuts Smucker (SJM) Target After Strong Run, Flags Margin Recovery Risk [Yahoo! Finance]

J.M. Smucker Company (The) New (SJM) 
Last j.m. smucker company (the) new earnings: 2/26 07:00 am Check Earnings Report
US:NYSE Investor Relations: jmsmucker.com/investor-relations
Company Research Source: Yahoo! Finance
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 momentum start picking up again. Those trends, Morgan Stanley noted, add to “already present” sales headwinds and leave less room for the kind of margin recovery investors may be hoping for. The downgrade also follows a stretch where Smucker had delivered relatively strong share performance compared to peers. Smucker has already been dealing with a tougher cost backdrop. In November, the company guided for full-year profit that came in below what analysts were expecting, mainly because a sharp rise in coffee costs is poised to weigh on margins. Smucker, which owns Folgers and sources green coffee largely from Brazil and Vietnam, has also been pressured by steep US duties on Brazilian imports introduced las Show less Read more
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