BMO Capital Upgrades Ecolab Inc. (ECL) to Outperform

BMO Capital analyst John McNulty upgraded Ecolab Inc. (NYSE: ECL) from Market Perform to Outperform with a price target of $290.00.

The analyst comments "We are upgrading ECL shares to Outperform (target price of $290) from Market Perform for 2025. Admittedly, we missed a solid run in 2024, but we see a solid path for ECL to post double-digit EPS growth in 2025-2027 with a relatively high degree of certainty. This will come from solid pricing and share gains stemming from ECL's increased value proposition in both its water and cleaning/sanitizing platforms. In a market where certainty is tough to find, we see ECL as justifying its elevated valuation."

For an analyst ratings summary and ratings history on Ecolab Inc. click here. For more ratings news on Ecolab Inc. click here.

Shares of Ecolab Inc. closed at $248.40 yesterday.

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