Piper Sandler Initiates Coverage On Solventum with Neutral Rating, Announces Price Target of $71
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has initiated coverage on Solventum (NYSE:SOLV) with a Neutral rating and set a price target of $71.
October 07, 2024 | 11:47 am
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NEUTRAL IMPACT
Piper Sandler has initiated coverage on Solventum with a Neutral rating and a price target of $71, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Piper Sandler does not see significant upside or downside in Solventum's stock price in the near term. The price target of $71 provides a benchmark for investors, but the neutral stance indicates a wait-and-see approach.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100