Wells Fargo Initiates Coverage On Ecolab with Overweight Rating, Announces Price Target of $270
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Ecolab (NYSE:ECL) with an Overweight rating and set a price target of $270.
August 12, 2024 | 10:29 pm
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Wells Fargo has initiated coverage on Ecolab with an Overweight rating and set a price target of $270.
The initiation of coverage with an Overweight rating and a high price target of $270 by a major financial institution like Wells Fargo is likely to positively impact Ecolab's stock price in the short term. This indicates strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100