Ecolab price target raised to $307 from $305 at BMO Capital

BMO Capital raised the firm’s price target on Ecolab (ECL) to $307 from $305 and keeps an Outperform rating on the shares. The path may not be as planned, but Ecolab is proving that it has multiple ways to get to the finish line in 2025 with 12%-15% EPS growth, the firm says. BMO notes that while end markets aren’t cooperating and tariffs pose risks, Ecolab is raising prices and instituting surcharges; aggressively targeting small but high growth ops; and flexing its SG&A efficiency levers in this low volume environment to compensate. This will help Ecolab “defy the naysayers” and reach low-to-mid-teens EPS growth, it adds.