Shares of 3M (MMM) are on the rise. The company behind Post-it and Scotch tape posted fourth quarter results that topped analyst estimates. 3M's stock is up about 40% over the last six months. The company has been undergoing an ambitious turnaround plan led by CEO Bill Brown,

M Co.’s stock rose 4.6% Tuesday after the maker of Post-it Notes, Scotch Tape and Command strips posted better-than-expected fourth-quarter earnings and guided for sales growth in 2025.

M's shares surged 4.5% in premarket trading after beating analysts' profit expectations and forecasting sales growth for the year ahead.

Wells Fargo analyst Joseph O’Dea upgraded shares of manufacturer 3M to the equivalent of Buy from Hold. His price target went to $170 from $140.