Scotts Miracle-Gro Co., headquartered in Marysville, Ohio, manufactures lawn and garden products and employs 2,500 people. Its segments include U.S. Consumer, Hawthorne for hydroponics, and a Canadian garden business.
SMG has been in the news recently: Truist Securities upgraded Scotts Miracle-Gro to a "buy" rating, setting a 12-month price target of $70 with an anticipated 28% upside as the lawn and garden market stabilizes after Covid. This upgrade reflects confidence in the company's recovery amid broader economic uncertainties.
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