Truist raised the firm’s price target on Element Solutions (ESI) to $38 from $33 and keeps a Buy rating on the shares. The company continues to outperform underlying growth metrics in its core Electronics business while driving margins higher in its industrial-exposed business despite lackluster underlying demand, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESI:
- Element Solutions price target raised to $43 from $34 at UBS
- Element Solutions price target raised to $36 from $34 at KeyBanc
- Element Solutions’ Earnings Call Signals Profitable Growth Ahead
- Element Solutions price target raised to $37 from $35 at BMO Capital
- Element Solutions price target raised to $35 from $29 at Mizuho
