🟢 ECL surges 4.3% after UBS upgrades stock to Buy, raises price target

ECL is trading 4.3% up at $265.08 after a significant analyst upgrade boosted investor sentiment.

• UBS upgraded Ecolab to Buy from Neutral and raised its price target to $325 from $293, citing an expected acceleration in pricing and volumes in the second half of the year.
• The firm believes operational initiatives, cost savings, and a push into high-growth industries could drive more than 15% annual EPS growth through 2030.
• Separately, RBC Capital also reiterated its Outperform rating and $337 price target on the stock today.