JP Morgan Upgrades Ecolab: Here's What You Need To Know

JP Morgan upgraded its rating of Ecolab ECL to Overweight with a price target of $190.00, changing its price target from $191.00 to $190.00.

Shares of Ecolab are trading up 1.77% over the last 24 hours, at $171.46 per share.

A move to $190.00 would account for a 10.82% increase from the current share price.

About Ecolab

Ecolab produces and markets cleaning and sanitation products for the hospitality, healthcare, and industrial markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. The company has a strong hold on the U.S. market and is looking to increase its profitability abroad. Additionally, Ecolab serves customers in water, manufacturing, and life sciences end markets, selling customized solutions.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.