RBC Capital upgraded Solstice Advanced Materials (SOLS) to Outperform from Sector Perform with a price target of $75, up from $50. The firm thinks the company’s refrigerants business will see mid- to high-single digit growth through 2030. Solstice Advanced shares can re-rating higher as investors become aware that its growth is above its specialty chemical peers, the analyst tells investors in a research note. RBC also likes Solstice’s uranium expansion optionality and low low leverage.
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