Raymond James Initiates Coverage On Ecolab with Outperform Rating, Announces Price Target of $210
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Pavel Molchanov has initiated coverage on Ecolab (NYSE:ECL) with an Outperform rating and set a price target of $210.
November 30, 2023 | 9:52 am
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POSITIVE IMPACT
Ecolab receives an Outperform rating from Raymond James with a price target of $210, indicating a positive outlook from the analyst.
The initiation of coverage by Raymond James with an Outperform rating typically suggests a positive sentiment towards Ecolab's stock performance in the short term. The price target of $210 implies that the analyst sees potential for the stock to rise to that level, which could influence investor perception and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100