Mizuho Securities upgrades Solventum Corporation (SOLV) to a Buy
Solventum Corporation received a Buy rating and a $100.00 price target from Mizuho Securities analyst today.
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In addition to Mizuho Securities, Solventum Corporation also received a Buy from Stifel Nicolaus’s Rick Wise in a report issued on January 7. However, on January 16, Bank of America Securities 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
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