Element Solutions price target raised to $34 from $32 at BMO Capital

BMO Capital analyst Bhavesh Lodaya raised the firm’s price target on Element Solutions (ESI) to $34 from $32 and keeps an Outperform rating on the shares after hosting investor meetings with its management team. Element Solutions remains on solid fundamental footing to deliver strong growth in 2025, led by Electronics industry trends and internal growth drivers, the analyst tells investors in a research note. Given its strengthening balance sheet, the management’s priority appears to be around capital allocation, with “all options on the table”, BMO added.