JP Morgan Maintains Neutral on Ecolab, Raises Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains a Neutral rating on Ecolab (NYSE:ECL) but raises the price target from $228 to $255.
October 30, 2024 | 3:46 pm
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JP Morgan has maintained a Neutral rating on Ecolab but increased the price target from $228 to $255, indicating a positive outlook despite the neutral stance.
The increase in price target from $228 to $255 suggests a positive outlook for Ecolab's future performance, even though the Neutral rating remains unchanged. This could lead to a short-term positive impact on the stock price as investors may interpret the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100