Evercore ISI upgrades Ecolab as it sees stronger earnings momentum into 2026 By Investing.com
Update: 2025-11-03
Description
Ecolab receives a significant boost from Evercore ISI, upgrading its rating to Outperform and setting a new price target of $300, indicating a potential 17% gain. The investment firm's optimism stems from Ecolab's acquisition of Ovivo and its focus on expanding digital and high-tech water services. Despite a recent dip in stock price following third-quarter earnings, Evercore sees this as an opportunity for investors to buy in. Ecolab's shift towards technology-driven solutions, strong pricing power, and careful financial management make it a promising long-term investment, with some analysts comparing it to top industrial service companies.
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