Berenberg raised the firm’s price target on Ecolab (ECL) to $235 from $221 and keeps a Hold rating on the shares. The firm thinks the stock’s valuation “has become stretched and that, at current levels, the company has no margin of error on delivering its financial targets.”
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Read More on ECL:
- Ecolab price target raised to $279 from $260 at BMO Capital
- Ecolab price target raised to $279 from $271 at Baird
- Ecolab price target raised to $263 from $240 at Morgan Stanley
- Ecolab Reports Strong Q3 Growth and Raises 2024 Outlook
- Ecolab reports Q3 adjusted EPS $1.83, consensus $1.82
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
