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Clean Harbors initiated with an Equal Weight at Wells Fargo

Wells Fargo initiated coverage of Clean Harbors (CLH) with an Equal Weight rating and $220 price target Due to slow growth backdrop, the firm also prefers the construction machinery stocks over engineering Services due to a favorable supply setup in machinery. Wells initiated 22 stocks in the machinery, industrials and environmental services group with Cummins (CMI), Herc Holdings (HRI) and WM (WM) top picks.

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