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Solstice Advanced Materials initiated with an Outperform at BMO Capital

BMO Capital analyst John McNulty initiated coverage of Solstice Advanced Materials (SOLS) with an Outperform rating and $70 price target The firm says Solstice’s split from Honeywell (HON) gives materials investors “the opportunity to buy a high-quality stable growth company.” Solstice has “industry-leading” positions across a diverse portfolio, the analyst tells investors in a research note.

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