Perimeter Solutions Soars 10.6% on UBS Upgrade, New Product Launch

Generado por agente de IAAinvest Movers Radar
jueves, 17 de abril de 2025, 5:39 am ET1 min de lectura
PRM--

On April 17, 2025, Perimeter Solutions' stock surged by 10.6% in pre-market trading, marking a significant uptick in investor interest and confidence in the company's prospects.

UBS Group recently upgraded Perimeter Solutions' stock from a "neutral" rating to a "buy" rating, setting a price objective of $14.00. This upgrade reflects a positive outlook on the company's future performance and potential for growth.

Summit Investment Advisors Inc. has increased its holdings in Perimeter SolutionsPRM--, purchasing an additional 889 shares during the last quarter. This move indicates a growing institutional interest in the company's stock.

Perimeter Solutions has introduced SOLBERG SPARTAN 1% fluorine-free Class A/B foam concentrate, a new technology aimed at achieving total fire suppression. This innovation is expected to enhance the company's product offerings and market position.

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