Element Solutions Inc. (ESI) experienced a significant intraday surge of 5.02% on Thursday, reflecting strong positive momentum in the trading session.
The sharp rise appears to be driven by a series of bullish analyst actions. UBS raised its price target on Element Solutions to $43 from $34 while maintaining a Buy rating on the shares. Similarly, Truist Securities increased its target price to $38 from $33 and maintained a Buy rating. Additionally, Keybanc maintained its Overweight rating on the stock, contributing to the positive sentiment.
Further supporting investor confidence, Element Solutions announced that CEO Benjamin Gliklich will participate in a fireside chat at the upcoming Bank of America 2026 Global Agriculture and Materials Conference, highlighting the company's engagement with the investment community.