Citigroup Maintains Neutral on Ecolab, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham has maintained a Neutral rating on Ecolab (NYSE:ECL) and raised the price target from $179 to $200.
July 19, 2023 | 6:53 pm
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Citigroup has maintained a Neutral rating on Ecolab and raised the price target from $179 to $200.
The news is directly related to Ecolab (ECL). Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $179 to $200 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100