Nomura Instinet analyst Dan Dolev upgraded Ecolab to Buy from Neutral and raised his price target for the shares to $210 from $170. With the problematic energy business soon to be spun-off, Ecolab's "recession resistant qualities should stand out, warranting a significant premium to peers," Dolev tells investors in a research note. Following "years of lackluster organic growth, the analyst now expects improved organic revenue growth, better pricing power, a more attractive geographic mix, and enhanced efficiency metrics. UBS this morning downgraded Ecolab to Neutral from Buy.