UBS raised its price target on The J. M. Smucker Company to $130 from $121 while maintaining a Buy rating. BofA analyst Peter Galbo also lifted the target to $132 from $130 with a Buy rating, citing an initial fiscal 2027 outlook of $10 in EPS at the midpoint and raising the firm's own FY27 EPS forecast to $10. BTIG increased its target to $130 from $120 and kept a Buy rating after Smucker's fourth-quarter earnings beat, highlighting cost deflation, fundamental EPS growth, ongoing deleveraging, and strong free cash flow. The company reported adjusted EPS of $2.77 on revenue of $2.27 billion for the fiscal fourth quarter, exceeding consensus estimates of $2.64 and $2.26 billion respectively.
The J. M. Smucker CompanyMultiple analysts raised price targets and maintained Buy ratings after Smucker's Q4 earnings beat, citing cost deflation, EPS growth, deleveraging, and strong FCF.