Stifel Raises Price Target on Clean Harbors (CLH) to $60; Reiterates Buy

Stifel reiterated a Buy rating on Clean Harbors (NYSE: CLH), and raised the price target to $60.00 (from $55.00).

Analyst Michael Hoffman commented, "We reiterate our Buy rating and raise the target price to $60 on Clean Harbors (CLH, Buy, $54.89). CLH portfolio of assets are now at secular bottoms of the cycle segments and the remainder are poised to benefit from start-up of new capacity, better go-to-market focus to drive operating leverage and strict discipline around working capital needs."

For an analyst ratings summary and ratings history on Clean Harbors click here. For more ratings news on Clean Harbors click here.

Shares of Clean Harbors closed at $54.89 yesterday.

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