BMO Raises Solstice Target to $101

BMO Capital Markets Upgrade of Solstice Advanced Materials

BMO Capital Markets has upgraded Solstice Advanced Materials Inc. (ticker SOLS) to a top pick in the U.S. chemicals sector and increased its target price to $101 per share. The upgrade was prompted by a detailed presentation on the company’s uranium business, delivered by Solstice Senior Vice President Jeff Dormo and ConverDyn Chief Executive Officer Malcolm Critchley, which highlighted the nuclear platform as a key growth driver through the end of the decade. BMO also raised its price multiple for SOLS, reflecting greater confidence in the earnings outlook based on information provided by SOLS management and BMO’s independent research on nuclear materials.

In its most recent quarterly report, Solstice Advanced Materials posted first‑quarter revenue of $991 million, surpassing its guidance, and reported earnings per share of $0.63. Separately, Truist Securities initiated coverage of SOLS with a Hold rating and set its own price target at $90.00.