Analysts have been eager to weigh in on the Materials sector with new ratings on Scotts Miracle-Gro Company (SMG – Research Report) and Allegiant Gold (AUXXF – Research Report). Scotts Miracle-Gro Company (SMG) In a report released yesterday, Jeffrey Zekauskas from J.P. Morgan downgraded Scotts Miracle-Gro Company to Hold, with a price target of $95.00. The company's shares closed last Thursday at $76.58, close to its 52-week low of $76.22. According to TipRanks.com, Zekauskas is a 5-star analyst with an average return of -6.1% and a 30.0% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Alliance Resource, Endeavour Silver, and Comstock Mining.
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