Wells Fargo analyst Jerry Revich raised the firm’s price target on Clean Harbors (CLH) to $309 from $291 and keeps an Equal Weight rating on the shares. The firm remains positive on the Environmental Services group where it sees attractive, uncorrelated pricing-led growth and accelerating free cash flow. After meaningful recycling headwinds last year, recycled commodity prices are now set to drive an earnings tailwind, Wells adds.
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Read More on CLH:
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