Solstice Advanced Materials, Inc. (SOLS) Receives a Buy from RBC Capital

In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Buy rating on Solstice Advanced Materials, Inc., with a price target of $102.00.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.

Viswanathan covers the Basic Materials sector, focusing on stocks such as Solstice Advanced Materials, Inc., PPG Industries, and Albemarle. According to TipRanks, Viswanathan has an average return of 1.2% and a 51.49% success rate on recommended stocks.

In addition to RBC Capital, Solstice Advanced Materials, Inc. also received a Buy from BMO Capital’s John McNulty in a report issued on July 16. However, on July 14, Mizuho Securities assigned a Hold rating to Solstice Advanced Materials, Inc. (NASDAQ: SOLS).

Based on Solstice Advanced Materials, Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $991 million and a net profit of $85 million. In comparison, last year the company earned a revenue of $897 million and had a net profit of $134 million