UL Solutions price target lowered to $85 from $96 at UBS

UBS lowered the firm’s price target on UL Solutions (ULS) to $85 from $96 and keeps a Neutral rating on the shares. The firm expects UL Solutions to post a solid Q4 with in-line growth and above-consensus margins, resulting in upside to Street EBITDA, the analyst tells investors in a research note. The Street is appropriately factoring in the tougher comps to last year’s tariff pull-forward impact, the firm adds.