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Jefferies raised its price target on Ecolab Inc. (NYSE: ECL) to $140.00 (from $130.00) while maintaining a Hold rating following the company's 3Q earnings report. Q3 EPS of $1.36, was $0.01 above consensus, and the 2017E range is pegged at $4.65-$4.75.
Hurricane-related increases in procurement costs... More
Ecolab (NYSE: ECL) reported Q3 EPS of $1.37, $0.01 better than the analyst estimate of $1.36. Revenue for the quarter came in at $3.56 billion versus the consensus estimate of $3.55 billion.
GUIDANCE:
Ecolab sees FY2017 EPS of $4.65-$4.75, versus prior of $4.70-$4.90 and the... More

