Clean Harbors, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst James Ricchiuti from Needham reiterated a Buy rating on the stock and has a $255.00 price target.
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James Ricchiuti has given his Buy rating due to a combination of factors, including Clean Harbors’ strong performance in the second quarter and positive outlook for the remainder of the year. The company reported an adjusted EBITDA that slightly exceeded market expectations, and its 2025 guidance was aligned with analyst forecasts, showcasing a solid financial position.
Additionally, the Environmental Services (ES) segment demonstrated sequential margin improvements and revenue growth, contributing to the overall positive performance. Management’s optimistic outlook for the second half of the year, with robust demand across the ES business, further supports the Buy rating. The reaffirmation of the full-year adjusted EBITDA guidance at the midpoint of the expected range indicates confidence in sustained growth, reinforcing Ricchiuti’s positive assessment.
According to TipRanks, Ricchiuti is a 5-star analyst with an average return of 9.6% and a 53.04% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Bel Fuse Inc, Cognex, and TTM Technologies.
In another report released on July 24, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $262.00 price target.