JP Morgan Maintains Neutral on Ecolab, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains a Neutral rating on Ecolab (ECL) and raises the price target from $220 to $225.
May 01, 2024 | 2:44 pm
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JP Morgan analyst Jeffrey Zekauskas maintains a Neutral rating on Ecolab and raises the price target from $220 to $225.
The adjustment in price target by JP Morgan reflects a positive outlook on Ecolab's valuation, albeit maintaining a Neutral stance suggests a balanced view on the stock's current position and future prospects. The increase in price target may signal an expectation of stable performance but not significant enough to warrant a rating upgrade.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100