Farmers & Merchants Investments invested $194k in Solventum Co., which reported Q2 earnings exceeding estimates and analysts project a $58.25 price target.

Farmers & Merchants Investments Inc. invested $194,000 in Solventum Co. (NYSE:SOLV) in Q2, while National Bank of Canada FI increased its stake by 4%. Solventum reported Q2 earnings of $1.56 per share, exceeding estimates, with revenues of $2.08 billion. Analysts project a price target of $58.25. The company specializes in healthcare solutions, operating in various segments, and has seen interest from multiple institutional investors.

September 07, 2024
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