Needham & Company Reiterates a 'Buy' on Clean Harbors (CLH); Delivers Another Beat, Outlook Remains Strong Across Businesses
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Price: $321.98 +0.54%
Rating Summary:
22 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
22 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Needham & Company reiterates a 'Buy' on Clean Harbors (NYSE: CLH) price target raised $10 to $74.
Analyst, Sean K.F. Hannan, said, "CLH continues to post strong quarters on the back of healthy performance in its environmental services and industrial businesses, in addition to strength in Oil & Gas (aided particularly by smart acquisitions such as Peak & Destiny). In general, favorable industry conditions, cross-selling efforts, cost controls and crisp internal execution are also driving results, and we expect these dynamics to continue."
"Our ‘12 now $2.245B, $409M EBITDA & $2.52 (lower EPS due to corrected interest expense), vs. $2.19B, $396M EBITDA, & $2.58 non-GAAP."
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 $69.44 yesterday.
Analyst, Sean K.F. Hannan, said, "CLH continues to post strong quarters on the back of healthy performance in its environmental services and industrial businesses, in addition to strength in Oil & Gas (aided particularly by smart acquisitions such as Peak & Destiny). In general, favorable industry conditions, cross-selling efforts, cost controls and crisp internal execution are also driving results, and we expect these dynamics to continue."
"Our ‘12 now $2.245B, $409M EBITDA & $2.52 (lower EPS due to corrected interest expense), vs. $2.19B, $396M EBITDA, & $2.58 non-GAAP."
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 $69.44 yesterday.
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