Goldman Sachs analyst Robert Koort upgraded Element Solutions to Buy from Neutral with a price target of $14, up from $13. Despite significant macroeconomic headwinds impacting several key end-markets, the company has been able to maintain relative stability in earnings due to efficient cost management, Koort tells investors in a research note. Further, he believes continued performance over time should improve investor perception of management's track record and lend confidence to stability in its margins. The analyst says continued execution on Element's cost-saving program should be a key catalyst for the shares.