Argus Research Remains a Buy on Solventum Corporation (SOLV)
In a report released yesterday, David Toung from Argus Research maintained a Buy rating on Solventum Corporation. The company’s shares closed yesterday at $82.98.
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According to TipRanks, Toung is a 5-star analyst with an average return of 9.7% and a 64.60% success rate. Toung covers the Healthcare sector, focusing on stocks such as Charles River Labs, Humana, and Johnson & Johnson.
In addition to Argus Research, Solventum Corporation also received a Buy from TR | OpenAI – 4o’s Rosa Clinessa in a report issued on December 7. However, yesterday, Wells Fargo maintained a Hold rating on Solventum Corporation (NYSE: SOLV).
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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- BTIG upgrades Solventum to Buy on better setup in 2026
- Solventum upgraded to Buy from Neutral at BTIG
- Solventum Corporation: Hold Rating Amid Strategic Moves and Growth Challenges
- Strategic Acquisition and Capital Management Propel Solventum Corporation’s Growth Potential
- Solventum announces $1B share repurchase program
