Wall Street Zen Downgrades Solstice Advanced Mat (NASDAQ:SOLS) to Sell

Solstice Advanced Mat (NASDAQ:SOLS) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Other research analysts have also recently issued research reports about the company. Mizuho began coverage on Solstice Advanced Mat in a research note on Friday, October 31st. They issued a “neutral” rating and a $54.00 target price on the stock. Royal Bank Of Canada began coverage on shares of Solstice Advanced Mat in a report on Monday, November 10th. They set a “sector perform” rating and a $50.00 target price on the stock. Alembic Global Advisors began coverage on shares of Solstice Advanced Mat in a research report on Monday, December 1st. They set an “overweight” rating and a $60.00 price target for the company. Finally, UBS Group reaffirmed a “buy” rating and set a $58.00 price objective (down from $62.00) on shares of Solstice Advanced Mat in a research note on Tuesday, November 25th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Solstice Advanced Mat currently has an average rating of “Moderate Buy” and a consensus price target of $55.50.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $50.35 on Friday. The firm has a market capitalization of $7.99 billion and a PE ratio of -136,911.76. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $61.00.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.