Jefferies Comments On Innovations From ECL

Jefferies, citing innovations showcased at the NRA show this week, is maintaining its Hold rating, along with its $53 price target on Ecolab Inc. ECL. In the report, Jefferies writes, “CEO Doug Baker and Christophe Beck, SVP & GM- Institutional North America Full Service Restaurants, hosted a tour of the Ecolab booth at the National Restaurant Association show this week in Chicago, showcasing several new innovations in dishwashing, bathroom cleaning, pest elimination, services and more.” ECL closed yesterday at $52.69.