Citigroup Reinstates Buy on UL Solutions, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Arthur Truslove has reinstated a Buy rating on UL Solutions (NYSE:ULS) and set a price target of $60.
October 07, 2024 | 3:07 pm
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Citigroup analyst Arthur Truslove has reinstated a Buy rating on UL Solutions with a $60 price target, indicating a positive outlook for the stock.
The reinstatement of a Buy rating by a major financial institution like Citigroup, along with a specific price target, typically suggests confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
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