Element Solutions (ESI) PT Raised to $32 at BMO Capital

BMO Capital analyst Bhavesh Lodaya raised the price target on Element Solutions (NYSE: ESI) to $32.00 (from $30.00) while maintaining a Outperform rating.

The analyst commented, "ESI delivered an in-line 3Q earnings and maintained the mid-point of its FY guide. The Electronics arm of the company continues to do well, and we like that each of its sub-segments have carried that strength. Margins improved Y/Y and Q/Q across the business. Given evolving semis/electronics data-points and expectations by market participants, 2025 is shaping up to be another strong year for the company and one which should keep the stock on its path of outperformance. We also expect M&A in the near future.
Raising target price to $32."

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