BMO Capital analyst Bhavesh Lodaya raised the firm’s price target on Element Solutions (ESI) to $34 from $32 and keeps an Outperform rating on the shares after hosting investor meetings with its management team. Element Solutions remains on solid fundamental footing to deliver strong growth in 2025, led by Electronics industry trends and internal growth drivers, the analyst tells investors in a research note. Given its strengthening balance sheet, the management’s priority appears to be around capital allocation, with “all options on the table”, BMO added.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ESI:
- Largest borrow rate increases among liquid names
- Element Solutions price target raised to $32 from $30 at BMO Capital
- Element Solutions price target raised to $32 from $30 at Barclays
- Element Solutions Inc Reports Strong Q3 2024 Results
- Element Solutions reports Q3 adjusted EPS 39c, consensus 38c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.