J M Smucker slips after Argus downgrades to 'hold'

The J. M. Smucker

12/09/2025 13:52

** Shares of Uncrustables maker J.M. Smucker SJM.N down 1.3% at $109.45 premarket

** Brokerage Argus Research downgrades SJM to "hold" from "buy" citing the co's struggles to grow volumes

** Analysts say tariffs are adding to margin challenges, raising concerns over profitability in the coffee segment

** Also adds, SJM faces ongoing commodity price risk due to its dependence on agricultural inputs vulnerable to external factors like weather and geopolitical instability

** Analysts say they may revisit "buy" rating if margin and volume growth show sustained improvement

** Up to last close, SJM stock up almost 1% YTD

 (Reporting by Anshi Sancheti)

 ((Anshi.Sancheti@thomsonreuters.com))