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Ecolab Returning As A Consistent Earnings Compounder, Says Analyst

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Mizuho analyst John Roberts upgraded the shares of Ecolab Inc (NYSE:ECL) from Neutral to Buy and raised the price target from $216 to $260.

According to the analyst, ECL appears back to its historical beat-and-raise visibility.

The analyst noted that the company had almost 25 years of meeting or exceeding quarterly consensus estimates before the pandemic. Meanwhile, the analyst added that ECL is not resilient against travel/hospitality collapses, which happened during the pandemic & immediately post-9/11. 

Greater cleanliness protects customer …

Full story available on Benzinga.com

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