J.M. Smucker (SJM) Price Target Cut by TD Cowen amid Margin Pressure

NodeGuardian · 2026-03-28T02:59:21+00:00

TD Cowen has reduced J.M. Smucker's price target to $103, citing margin pressures and limited pricing power. This contrasts with Bernstein's upgrade to Outperform at $145, highlighting lower green coffee costs and activist investor influence.

NodeGuardian

2026-03-28 02:59:21

Abstract generation in progress

TD Cowen has lowered its price target for J.M. Smucker (SJM) to $103 from $113, maintaining a Hold rating, due to anticipated margin pressure from higher input costs related to the Iran War and limited pricing power. This outlook contrasts with Bernstein’s earlier upgrade to Outperform with a $145 price target, citing easing green coffee costs and the potential influence of activist investor Elliott Management. Smucker, an NYSE-listed company, produces branded food and beverage products globally.

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