Perimeter Solutions stock has shed nearly 23% since the beginning of the year, but it could see some upside soon, per UBS.
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Shares of this company tumbled Tuesday after the CFO said some disappointing things about the U.S. business.
UBS resumed coverage of stock in the satellite designer and manufacturer with a buy rating.
There's no indication of a material problem for the business. The stock, however, plays by different rules.
The investment bank upgraded the pharmaceutical name to buy from neutral.
The market remains deeply oversold, so we're dipping into our cash position to take advantage.
Shares have hit their lowest level since June, despite reporting a decent quarter last week.
