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UL Solutions price target raised to $72 from $70 at Raymond James

Raymond James analyst Brian Gesuale raised the firm’s price target on UL Solutions (ULS) to $72 from $70 and keeps an Outperform rating on the shares. UL Solutions reported in-line revenue, solid organic growth, “impressive” AEBITDA margins, and reiterated guidance, the analyst tells investors in a research note. The print meshes well with the firm’s thesis, continues to view UL Solutions as a resilient name.

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