UBS analyst Kevin Caliendo initiated coverage of Solventum (SOLV) with a Neutral rating and $77 price target The firm sees the company’s growth moderating in the near term due to industry SKU rationalization and tougher compares. It views the shares as appropriately valued given Solventum’s current portfolio setup.
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Read More on SOLV:
- Solventum Corporation: Hold Rating Amid Balanced Valuation and Growth Challenges
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- Solventum price target raised to $82 from $79 at Wells Fargo
- Hold Rating on Solventum Corporation: Steady Growth and Valuation Challenges Post-Spin-Off
- Solventum initiated with a Hold at Jefferies