Raymond James Starts UL Solutions Inc (ULS) at Outperform

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Go back to Raymond James Starts UL Solutions Inc (ULS) at Outperform

Analysts bullish on UL Solutions (ULS)

May 7, 2024 1:22 PM EDT

Various analysts initiated coverage of UL Solutions (NYSE: ULS) on Tuesday, with the majority taking a bullish view of the safety science company.

Wells Fargo initiated the stock with an Overweight rating and $40 price target, describing the company as a "best-in-class industry leader in the testing, inspection, and certification (TIC) industry with tailwinds from: 1) Increasing product complexity, 2) Increasing regulations, and 3) Growth in its higher margin software business."

Citi started the stock at Buy with a $41 price target,... More