In the meantime, Mizuho initiated its Solventum Corp [SOLV] rating to a Neutral in a research note published on December 04, 2024; the price target was $70. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Piper Sandler began covering SOLV with “Neutral” recommendation on October 07, 2024. Wolfe Research started covering the stock on September 26, 2024. It rated SOLV as “a Peer perform”.
Price Performance Review of SOLV
On Tuesday, Solventum Corp [NYSE:SOLV] saw its stock fall -2.12% to $65.47. Over the last five days, the stock has lost -1.18%. Solventum Corp shares have fallen nearly -0.89% since the year began. Nevertheless, the stocks have risen 0.51% over the past one year. While a 52-week high of $85.92 was reached on 02/26/25, a 52-week low of $47.16 was recorded on 04/09/25. SMA at 50 days reached $71.93, while 200 days put it at $69.10.
Levels Of Support And Resistance For SOLV Stock
The 24-hour chart illustrates a support level at 64.75, which if violated will result in even more drops to 64.03. On the upside, there is a resistance level at 66.33. A further resistance level may holdings at 67.18. The Relative Strength Index (RSI) on the 14-day chart is 42.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.64, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.48%. Stochastics %K at 68.51% indicates the stock is a holding.
The most recent change occurred on September 05, 2024 when BTIG Research began covering the stock and recommended ‘”a Neutral”‘ rating .
