3M's Safety & Industrial Growth Picks Up: Can the Momentum Sustain?

Impact · against what's priced in

The news is largely a confirmation of 3M's current trajectory, with strength in the Safety and Industrial segment already largely accounted for in the stock price. Honeywell's Building Automation growth is positive but does not directly resolve the structural concerns regarding its Aerospace segment that are currently depressing its valuation.

HON+0.10

Not in the price yet

The price assumes

A recovery in Aerospace margins and growth back toward the prior 7-9% trajectory