Solventum Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Solventum (NYSE:SOLV) over the past three months, with 3 indifferent and 2 bearish ratings. The average 12-month price target has decreased by 14.52% to $56.2. Analysts from Wells Fargo, Morgan Stanley, Goldman Sachs, and B of A Securities have lowered their price targets and ratings, reflecting cautious sentiment.
August 09, 2024 | 5:07 pm
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Analysts have shown mixed sentiment towards Solventum (NYSE:SOLV) with 3 indifferent and 2 bearish ratings in the past three months. The average 12-month price target has decreased by 14.52% to $56.2, indicating cautious sentiment.
The decrease in the average 12-month price target by 14.52% and the presence of 2 bearish ratings out of 5 indicate a cautious sentiment among analysts. This is likely to have a negative short-term impact on Solventum's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100