H.C. Wainwright upgraded Ceco Environmental (CECO) to Buy from Neutral with a $33 price target The firm says the company’s 2025 outlook and future business prospects provide confidence that its financial results should remain solid given Ceco’s participation in various infrastructure driven end markets. The analyst cites Ceco’s stronger than expected Q1 results, management maintaining its 2025 revenue and adjusted EBITDA guidance, and growing backlog for the upgrade.
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Read More on CECO:
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