B of A Securities Maintains Underperform on Ecolab, Raises Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne maintains an 'Underperform' rating on Ecolab (NYSE:ECL) and raises the price target from $163 to $181.
July 05, 2023 | 1:25 pm
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NEUTRAL IMPACT
Ecolab's price target has been raised from $163 to $181 by B of A Securities, though the 'Underperform' rating is maintained.
While the raised price target indicates a positive outlook on Ecolab's stock value, the 'Underperform' rating suggests that the stock may not outperform the market in the short term. This mixed signal could lead to neutral short-term impact on ECL's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100