Baird Maintains Neutral on Ecolab, Raises Price Target to $243
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann maintains a Neutral rating on Ecolab (NYSE:ECL) and raises the price target from $232 to $243.
May 01, 2024 | 11:54 am
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Baird analyst Andrew Wittmann maintains a Neutral rating on Ecolab and raises the price target from $232 to $243.
The adjustment in price target by Baird reflects a positive outlook on Ecolab's valuation, yet the maintenance of a Neutral rating suggests that the analyst sees the stock as fairly valued at current levels. This could lead to a neutral short-term impact on the stock price as the market digests the new price target against the backdrop of the existing rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100