There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Northern Technologies International (NTIC) and Element Solutions (ESI) with bullish sentiments.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

Northern Technologies International (NTIC)

Northland Securities analyst Gus Richard maintained a Buy rating on Northern Technologies International on July 10 and set a price target of $13.00. The company’s shares closed last Friday at $8.15.

According to TipRanks.com, Richard is a 5-star analyst with an average return of 25.7% and a 58.2% success rate. Richard covers the Technology sector, focusing on stocks such as Advanced Micro Devices, SolarEdge Technologies, and Power Integrations.

Currently, the analyst consensus on Northern Technologies International is a Moderate Buy with an average price target of $13.00.