Morgan Stanley Maintains Equal-Weight on Ecolab, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vincent Andrews has maintained an Equal-Weight rating on Ecolab (NYSE:ECL) and raised the price target from $175 to $190.
August 04, 2023 | 11:26 am
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Morgan Stanley has maintained an Equal-Weight rating on Ecolab and raised the price target from $175 to $190, which could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Ecolab's stock. Investors often use such information to make buy/sell decisions. Therefore, this news could potentially lead to an increase in demand for ECL's stock, driving its price up in the short term.
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IMPORTANCE 80
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