UL Solutions (NYSE:ULS) Price Target Raised to $41.00 at Robert W. Baird

UL Solutions (NYSE:ULSFree Report) had its price objective lifted by Robert W. Baird from $40.00 to $41.00 in a report released on Tuesday morning, Benzinga reports. They currently have an outperform rating on the stock.

Other analysts also recently issued research reports about the stock. Stifel Nicolaus began coverage on shares of UL Solutions in a research report on Tuesday, May 7th. They set a buy rating and a $40.00 price objective for the company. Bank of America initiated coverage on shares of UL Solutions in a research report on Tuesday, May 7th. They issued a buy rating and a $42.00 price target for the company. Citigroup initiated coverage on shares of UL Solutions in a research report on Tuesday, May 7th. They issued a buy rating and a $41.00 price target for the company. UBS Group initiated coverage on shares of UL Solutions in a research report on Tuesday, May 7th. They issued a neutral rating and a $38.00 price target for the company. Finally, Wells Fargo & Company initiated coverage on shares of UL Solutions in a research report on Tuesday, May 7th. They issued an overweight rating and a $40.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, UL Solutions presently has an average rating of Moderate Buy and a consensus price target of $40.80.

Check Out Our Latest Stock Report on UL Solutions

UL Solutions Stock Performance

Shares of NYSE:ULS opened at $40.05 on Tuesday. UL Solutions has a twelve month low of $33.15 and a twelve month high of $40.05.

Insider Buying and Selling at UL Solutions

In other news, CAO Karen K. Pepping acquired 3,571 shares of the company’s stock in a transaction on Tuesday, April 16th. The shares were bought at an average cost of $28.00 per share, with a total value of $99,988.00. Following the purchase, the chief accounting officer now owns 3,571 shares of the company’s stock, valued at approximately $99,988. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Linda S. Chapin purchased 1,785 shares of the stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average cost of $28.00 per share, with a total value of $49,980.00. Following the purchase, the executive vice president now directly owns 1,785 shares in the company, valued at approximately $49,980. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Karen K. Pepping purchased 3,571 shares of the stock in a transaction dated Tuesday, April 16th. The shares were bought at an average cost of $28.00 per share, for a total transaction of $99,988.00. Following the completion of the purchase, the chief accounting officer now owns 3,571 shares in the company, valued at $99,988. The disclosure for this purchase can be found here. In the last three months, insiders have bought 199,997 shares of company stock valued at $5,599,916.

UL Solutions Company Profile

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UL Solutions Inc provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators.

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Analyst Recommendations for UL Solutions (NYSE:ULS)

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