Morgan Stanley Maintains Equal-Weight on Ecolab, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Vincent Andrews maintains an Equal-Weight rating on Ecolab (ECL) and raises the price target from $230 to $240.
March 27, 2024 | 6:15 pm
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Morgan Stanley has maintained its Equal-Weight rating on Ecolab and increased the price target from $230 to $240.
The increase in price target by a reputable analyst like Vincent Andrews from Morgan Stanley suggests a positive outlook on Ecolab's future performance. This could lead to increased investor confidence and potentially a short-term increase in ECL's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100