Bank of America Lowers Price Target on Ecolab but Maintains Buy Rating
On April 29, Bank of America reduced its price target for Ecolab (ECL) from $345 to $335 while maintaining a 'Buy' rating due to long-term growth potential. The firm adjusted earnings forecasts to account for expected dilution in the second half of 2026 following CoolIt's acquisition.
Topics: Analyst Rating Dividend Growth Earnings Stock Outlook