Citi is out with its report today on Ecolab ECL, upgrading ECL to Buy from Hold.
In its report, Citi writes, "We are upgrading ECL to Buy as it fits our defensive theme and we believe shareholders will look favorably to EPS accretion in 2012 (~$0.13/share) and an acceleration of EPS accretion in 2013 (~$0.70/share)."
Citi maintains a $49 PT on ECL.
Shares of ECL closed Friday at $44.53, down 0.34% from Thursday's close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in