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Fly News Breaks for January 30, 2017
ECL
Jan 30, 2017 | 07:40 EDT
Oppenheimer analyst Scott Schneeberger raised his price target for Ecolab to $128 from $120, citing a potential inflection point/Ecolab's "intriguing" long-term story. The analyst views the company as well positioned to return to "solid" EPS growth in 2017 following recently challenged business conditions, primarily in its Global Energy segment. He reiterates an Outperform rating on the shares.