J.P. Morgan cuts 3M's PT on environmental liability concerns
** J.P. Morgan cuts 3M Co MMM.N PT to $110 from $118
** Brokerage sees limited visibility around the outcome of environmental liabilities despite improving fundamentals
** "We remain on the sidelines with our Neutral rating" - JPM
** 3M last year reached a $10.3 billion settlement with a host of U.S. public water systems to resolve pollution claims tied to "forever chemicals"
** One of 18 brokerages rate the stock "buy", 15 "hold" and two "sell"; their median PT is $100
** Up to Tuesday's close, stock had fallen 0.4% YTD
Reporting by Kannaki Deka
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