Needham & Company Reiterates a 'Buy' on CECO Environmental (CECE); Expect to Benefit From EPA’s Proposed Limits

Needham & Company reiterates a 'Buy' on CECO Environmental (NASDAQ: CECE) price target of $9.00.

Analyst, Michael Lew, said, "We believe the Environmental Protection Agency’s (EPA’s) proposal to limit CO2 emissions from new power plants should drive incremental demand. In our view, the global focus on pollution reduction combined with operational execution should enable CECE to deliver solid financial performance in upcoming quarters."

For an analyst ratings summary and ratings history on CECO Environmental click here. For more ratings news on CECO Environmental click here.

Shares of CECO Environmental closed at $7.69 yesterday.

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