Berenberg Initiates Coverage On Ecolab with Hold Rating, Announces Price Target of $180
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Andres Castanos Mollor has initiated coverage on Ecolab (NYSE:ECL) with a Hold rating and a price target of $180.
September 01, 2023 | 9:09 am
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Ecolab has been initiated with a Hold rating by Berenberg with a price target of $180.
The Hold rating from Berenberg indicates a neutral outlook for Ecolab's stock in the short term. The price target of $180 suggests that the analyst sees potential for the stock's price to reach this level. However, as this is an initiation of coverage, it may not have a significant impact on the stock's price in the immediate term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100