** Shares of Florida-based chemical maker Element Solutions' ESI.N rise 5% to $19.16
** Brokerage Truist Securities raises rating on ESI to "buy" from "hold"; sets PT to $24
** Brokerage expects ESI's "localized production footprint and ability to pass through most raw material inflation costs will limit the direct impact from whatever emerges from the global tariff standoff"
** The new target price represents a 31.5% upside to the stock's last close
** Truist Securities believes ESI's stock should be valued higher under regular market conditions than its peers because of its strong potential for growth in the electronics sector
** Eleven of 13 brokerages rate stock "buy" or higher, two "hold"; their median PT is $30.42 - as per data compiled by LSEG
** Up to last close, stock had fallen 24.4%
(Reporting by Siddhi Mahatole)
((siddhi.mahatole@thomsonreuters.com))
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