UBS Maintains Buy on Element Solutions, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector has maintained a Buy rating on Element Solutions (NYSE:ESI) and increased the price target from $24 to $27.
January 11, 2024 | 3:26 pm
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UBS analyst Joshua Spector reaffirmed a Buy rating on Element Solutions and raised the price target to $27, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Joshua Spector from UBS typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100