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Fly News Breaks for May 1, 2019
ECL
May 1, 2019 | 07:19 EDT
Canaccord analyst Chip Moore raised his price target for Ecolab to $198 from $186 following the company's Q1 results, saying he finds Ecolab "very well positioned" to benefit from the convergence of population growth, resource volatility and rapid industrialization across the world. The company's recurring services model drives high visibility, even in a variable macro environment, Moore contends. He maintains a Buy rating.
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