Morgan Stanley Reiterates Equalweight Rating on Solventum (SOLV)

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BTIG Starts Solventum (SOLV) at Neutral

September 5, 2024 5:40 AM EDT

BTIG analyst Ryan Zimmerman initiates coverage on Solventum (NYSE: SOLV) with a Neutral rating.

The analyst comments "Solventum was spun out of 3M (MMM, Not Rated) in April 2024, creating a global healthcare company that operates in a variety of medical technology segments including Medical/Surgical, Dental, Health Information Systems, and Purification & Filtration with global sales of $8.2B and total addressable markets of $93B+. Historically the business segments within MMM underperformed and... More