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Ecolab price target raised to $320 from $285 at Citi

Citi raised the firm’s price target on Ecolab (ECL) to $320 from $285 and keeps a Buy rating on the shares. Driven by strong underlying growth in the Institutional and Life Sciences segments, the firm sees Ecolab “comfortably” hitting its Q2 EPS guidance midpoint of $1.89, the analyst tells investors in a preview for the firm’s North America specialty chemicals coverage.

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