Element Solutions shares are trading higher after the company increased its Q2 and FY24 guidance. Also, Mizuho and BMO Capital raised their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Element Solutions shares are trading higher after the company increased its Q2 and FY24 guidance. Additionally, Mizuho and BMO Capital raised their respective price targets on the stock.
June 12, 2024 | 4:36 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Element Solutions shares are trading higher due to increased Q2 and FY24 guidance and raised price targets from Mizuho and BMO Capital.
The increase in guidance for Q2 and FY24 suggests strong future performance, which is likely to boost investor confidence. Additionally, the raised price targets from Mizuho and BMO Capital provide further validation of the company's positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100