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3M's high P/S ratio may be due to expectations of a revenue ...

3M's high P/S ratio may be due to expectations of a revenue turnaround. However, with a lower-than-industry growth forecast, the P/S ratio could fall if revenue sentiment doesn't improve, possibly disappointing shareholders.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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