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Citigroup gives a Buy recommendation for UL Solutions Inc (ULS)

UL Solutions Inc’s filing revealed that its Officer Uggetti Alberto acquired Company’s shares for reported $0.1 million on Mar 07 ’25. In the deal valued at $53.00 per share,1,938 shares were bought.

Then, Schjotz Gitte sold 21,000 shares, generating $1,074,039 in total proceeds. Upon selling the shares at $51.14, the insider now owns 45,273 shares.

Before that, Schjotz Gitte bought 21,000 shares. UL Solutions Inc shares valued at $1,074,039 were divested by the Officer at a price of $51.14 per share.

A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Neutral”. William Blair began covering ULS with “an Outperform” recommendation on May 07, 2024. Wells Fargo started covering the stock on May 07, 2024. It rated ULS as “an Overweight”.

Price Performance Review of ULS

On Friday, UL Solutions Inc [NYSE:ULS] saw its stock jump 3.02% to $52.83. Over the last five days, the stock has lost -0.68%. UL Solutions Inc shares have risen nearly 5.91% since the year began. SMA at 50 days reached $52.72, while 200 days put it at $49.47.

Levels Of Support And Resistance For ULS Stock

The 24-hour chart illustrates a support level at 50.98, which if violated will result in even more drops to 49.14. On the upside, there is a resistance level at 54.55. A further resistance level may holdings at 56.27. The Relative Strength Index (RSI) on the 14-day chart is 47.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.28%. Stochastics %K at 19.12% indicates the stock is a buying.

The most recent change occurred on May 07, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $38 price target.

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