Citi raised the firm’s price target on Ecovyst (ECVT) to $15 from $13 and keeps a Neutral rating on the shares. Citi also opened an “upside 90-day catalyst watch” on Ecovyst. It sees potential earnings upside in Q1 with supply disruption creating positive pricing and end customer volume opportunities. The firm adjusted targets in the specialty chemicals group as part of a Q1 preview. It prefers industrial gas exposure, saying the group is “relatively insulated” from the inflationary environment.
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Read More on ECVT:
- Ecovyst: AI-Driven Growth Prospects Balanced by Limited Upside Keep Rating at Hold
- Ecovyst Inc. Earnings Call Highlights Growth Pivot
- Ecovyst price target raised to $16 from $12 at BWS Financial
- Ecovyst price target raised to $13 from $12 at Citi
- Ecovyst: Strengthening Acid Demand, Balance Sheet, and Cash Flows Support Upside Beyond $15 Target
