Ecolab (ECL) Raises Quarterly Dividend 6.3% to $0.51; 0.9% Yield

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Evercore ISI Reinstates Ecolab Inc. (ECL) at In Line

December 2, 2021 4:16 PM EST

Evercore ISI analyst Stephen Richardson reinstates coverage on Ecolab Inc. (NYSE: ECL) with a In Line rating and a price target of $235.00.

The analyst comments "The Purolite bolt-on checked a host of boxes, in our view, and ECL deserves credit for its successful track record on this front. Attractive mid-teens growth prospects and high margins (~37% operating) with relatively low customer overlap will importantly add heft to the... More