Northland raised the firm’s price target on Ceco Environmental (CECO) to $90 from $79 and keeps an Outperform rating on the shares. Robust results were accompanied by news that the company’s $449.5M record Q1 orders were already surpassed just in April alone, highlights the analyst, who sees several secular tailwinds set to continue through the end of the decade, setting up further share gains.
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Read More on CECO:
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