Ecolab (ECL) Misses Q3 EPS by 2c
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October 28, 2021 4:42 PM EDT
Ecolab Inc. (NYSE: ECL) has entered into an agreement to acquire Purolite, a leading and fast-growing global provider of high-end ion exchange resins for the separation and purification of solutions, that is highly complementary to our current offering and critical to safe, high quality drug production and biopharma product purification in the life sciences industries. It also provides purification and separation solutions for critical industrial markets like microelectronics, nuclear power and food and beverage. The acquisition is structured as a cash transaction valued at approximately $3.7 billion. Based in King of Prussia, PA, Purolite... More
October 27, 2021 1:27 PM EDT
Stifel analyst Shlomo Rosenbaum raised the price target on Ecolab Inc. (NYSE: ECL) to $224.00 (from $205.00) while maintaining a Hold rating.
The analyst commented, "ECL continues to see positive momentum in the business overall, though headwind has increased raw material costs, which is an incremental... More
