Citigroup Upgrades Ecolab to Buy, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham has upgraded Ecolab (NYSE:ECL) from Neutral to Buy, while slightly lowering the price target from $267 to $265.
July 31, 2024 | 11:40 am
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POSITIVE IMPACT
Citigroup has upgraded Ecolab from Neutral to Buy, indicating a positive outlook on the stock. However, the price target has been slightly lowered from $267 to $265.
The upgrade to Buy suggests a positive sentiment from Citigroup, which could lead to increased investor interest and a potential short-term price increase. The slight reduction in the price target is minimal and unlikely to significantly impact the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100