Northland raised the firm’s price target on Ceco Environmental (CECO) to $73 from $60 and keeps an Outperform rating on the shares based on the firm’s newly initiated 2027 estimates, including a “Street-high” 2027 adjusted EBITDA estimate of $151.4M. The firm also raised its Q4 order estimate to reflect the recently announced record $135M order, the analyst noted.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CECO:
- CECO Industries: Premium-Valued Growth Story with Strengthening Backlog, Expanding Margins, and Upside to 2027
- Ceco Environmental price target raised to $70 from $57 at Needham
- Ceco Environmental secures order exceeding $135M
- CECO Environmental Reports Record Growth in Q3 2025
- Ceco Environmental price target raised to $57 from $52 at Needham