Stifel Maintains Hold on Ecolab, Raises Price Target to $233
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Shlomo Rosenbaum maintains a Hold rating on Ecolab (ECL) and raises the price target from $225 to $233.
May 01, 2024 | 1:11 pm
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Stifel analyst Shlomo Rosenbaum has maintained a Hold rating on Ecolab, with an increased price target from $225 to $233.
The adjustment in price target by Stifel reflects a positive outlook on Ecolab's valuation, albeit maintaining a Hold rating suggests a neutral short-term impact on the stock. The increase in price target indicates an expectation of stable performance but not significant enough to change the investment rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100