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Here's a Reason 3M (MMM) Stock Closed Up Today

NEW YORK (TheStreet) -- 3M Co. (MMM - Get Report) stock closed Monday's trading session up by 0.46% to $169.55 after Barclays lifted its price target to $154 from $150 in a note issued to investors this morning.

The firm, which reiterated its "equal weight" rating on the stock, said overall, first quarter of 2016 should see improvements as the economy in China continues to get better and commodity prices bounce back.

Even though overall macro data is challenging, many companies, including 3M are starting to "capitulate...