Ecolab price target raised to $260 from $250 at Wells Fargo

Wells Fargo analyst Jason Haas raised the firm’s price target on Ecolab (ECL) to $260 from $250 and keeps an Equal Weight rating on the shares. The firm attended the National Restaurant Association Show in Chicago where it had the opportunity to meet with COO Darrell Brown and CFO Scott Kirkland. Management remains confident in Ecolab’s ability to price its way through soft end-markets.