Ecolab Schedules Webcast of Industry Conference for August 10, 2016
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Jefferies Raises Price Target on Ecolab (ECL) to $125 Following In-Line 2Q
August 3, 2016 10:46 AM EDTJefferies reiterated a Hold rating on Ecolab Inc. (NYSE: ECL), and raised the price target to $125.00 (from $120.00), following the company's 2Q earnings report. Reported EPS of $1.08 was in-line with consensus. Following the results, Ecolab narrowed its 2016 outlook to $4.35-$4.50, compared to consensus of $4.44.
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