KeyBanc initiated coverage of Solventum (SOLV) with a Sector Weight rating and no price target The firm says the company’s “complex spin” from 3M is off to an “encouraging start.” However, it awaits greater visibility into a sustainable revenue growth turnaround before recommending the shares. Solventum’s current visibility is somewhat limited, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOLV:
- Solventum upgraded to Overweight from Neutral at Piper Sandler
- Promising Growth and Strategic Flexibility: A Buy Recommendation for Solventum Corporation
- Trian Fund boosts Allstate, cuts Wendy’s in Q1
- Solventum Corp’s Earnings Call: Growth Amid Tariff Challenges
- Early notable gainers among liquid option names on May 9th