Stocks in Focus: 3M, Oracle, and PayPal See Business Shifts, Leadership Changes, and Diverging Growth Outlooks
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3M raises earnings estimate for Q1 2023 to up to $2.20 per share due to healthcare business separation and dividend announcement. Fair value suggests 20.9% upside potential.
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Oracle sees renewed cloud business momentum after disappointing previous quarters. Forecasts acceleration through 2025 after recent earnings beat. Fair value suggests 8% downside risk.
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PayPal appoints new leadership focused on innovation and efficiency amid cautious 2024 forecasts. Fair value suggests 34.4% upside potential despite recent user and volume declines.
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Analyst price targets bullish on 3M and PayPal, neutral on Oracle relative to fair values from InvestingPro's institutional investor models.
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