Truist Securities raised its rating on Element Solutions (NYSE:ESI) from Hold to Buy, setting a new price target of $24, down from $28, citing the company’s strong fundamentals and strategic positioning as reasons to buy the recent dip.
Despite broader market turbulence, analysts view ESI as a high-quality pick with solid long-term organic growth potential—especially in its Electronics division. The firm highlights Element’s globally distributed production network and pricing power as key advantages that should shield it from fallout related to escalating tariff tensions.
In the event of demand softening, the company’s flexible cost structure is expected to cushion margins, making it more resilient than peers. Truist sees current share price levels as an attractive entry point into a business well-equipped to weather near-term headwinds while remaining poised for sustained expansion.