UPDATE: Citigroup Reiterates on The J.M. Smucker Company as Stock Reflects Recent Negative News

In a report published Tuesday, Citigroup analyst David Driscoll reiterated a Buy rating on The J.M. Smucker Company (NYSE: SJM ), but lowered the price target from $119.00 to $118.00. In the report, Citigroup noted, “Smucker disappointed in F3Q14 and in its outlook missing 3Q by -2c and reducing F2014