Trian Issues Open Letter to Solventum Shareholders
Solventum Corporation (SOLV)
Company Research
Source: GlobeNewswire
Despite Performance Declines Since Spinning Out of 3M, Trian Believes Solventum Has Potential to Drive Significant Improvements as a Standalone Company If Solventum Can Restore Performance to Historical Levels, Trian Believes the Company’s Shares Could be Worth $140 by Year-End 2027 vs. its $69 Share Price Today Trian Believes the Company Can Further Enhance Value Creation Through Improved Operating Performance, Portfolio Actions and Prudent Capital Allocation NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. (“Trian”), which beneficially owns ~5% of Solventum Corporation (NYSE: SOLV) (“Solventum” or the “Company”) and is the Company’s largest active shareholder, today released an open letter and slide
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SOLV
News
- Solventum Launches Attest™ eBowie-Dick Test System Revolutionizing Sterilization AssurancePR Newswire
- Solventum Co. (NYSE: SOLV) had its price target raised by analysts at Morgan Stanley from $73.00 to $80.00. They now have an "equal weight" rating on the stock.MarketBeat
- Solventum Co. (NYSE: SOLV) had its price target raised by analysts at Mizuho from $70.00 to $82.00. They now have a "neutral" rating on the stock.MarketBeat
- Solventum Co. (NYSE: SOLV) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $63.00 to $71.00. They now have a "sell" rating on the stock.MarketBeat
- Solventum Co. (NYSE: SOLV) had its price target raised by analysts at Wells Fargo & Company from $73.00 to $75.00. They now have an "equal weight" rating on the stock.MarketBeat
SOLV
Earnings
- 2/27/25 - Beat
SOLV
Sec Filings
- 2/28/25 - Form IRANNOTICE
- 2/28/25 - Form 10-K
- 2/27/25 - Form 8-K
- SOLV's page on the SEC website