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Perimeter Solutions price target raised, named a ‘Top Pick’ at Morgan Stanley

Morgan Stanley analyst Daniel Kutz raised the firm’s price target on Perimeter Solutions (PRM) to $25 from $17 and keeps an Overweight rating on the shares, which are now designated as the analyst’s “Top Pick.” Perimeter’s portfolio is levered to drivers largely uncorrelated with macroeconomic trends, insulating its earnings from tariff and trade uncertainty as well as recession risks, the analyst tells investors.

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