Perimeter Solutions shares surge 11.61% intraday as UBS upgrades rating to buy and raises price target to $26.

Perimeter Solutions surged 11.61% intraday, as UBS upgraded the company's rating from "neutral" to "buy" with a $26 price target. Perimeter Solutions is a global provider of fire safety and specialty chemical solutions, primarily offering fire agents and specialty products, with a strong industry position.