BTIG Remains a Buy on Solventum Corporation (SOLV)
BTIG analyst Ryan Zimmerman maintained a Buy rating on Solventum Corporation on February 18 and set a price target of $100.00.
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Zimmerman covers the Healthcare sector, focusing on stocks such as Solventum Corporation, Medtronic, and Stryker. According to TipRanks, Zimmerman has an average return of -0.6% and a 40.80% success rate on recommended stocks.
Solventum Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $95.50.
Based on Solventum Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.1 billion and a net profit of $1.27 billion. In comparison, last year the company earned a revenue of $2.08 billion and had a net profit of $122 million
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- Trian boosts stakes in GE Aerospace and GE Healthcare, cuts Invesco stake
- Balanced View on Solventum: Differentiated Healthcare IT AI Offsets Early-Stage Turnaround Risk, Supporting a Hold Rating
- Solventum upgraded to Overweight from Sector Weight at KeyBanc
- Solventum upgraded to Outperform from Neutral at Mizuho
- Solventum price target raised to $105 from $88 at Stifel
