Wells Fargo Sticks to Their Hold Rating for Solventum Corporation (SOLV)
Wells Fargo analyst Vik Chopra maintained a Hold rating on Solventum Corporation today and set a price target of $72.00.
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Chopra covers the Healthcare sector, focusing on stocks such as Alphatec Holdings, Globus Medical, and Solventum Corporation. According to TipRanks, Chopra has an average return of 8.2% and a 43.90% success rate on recommended stocks.
Solventum Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $89.29.
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
Read More on SOLV:
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