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Fly News Breaks for February 20, 2018
Feb 20, 2018 | 07:27 EDT
BMO Capital analyst Jeffrey Silber raised his price target on US Ecology to $56 following Q4 results, saying the post-Hurricane Harvey recovery as well as solid volume growth in the Treatment and Disposal business drove better than expected revenues and margins. Silber also points to improving business fundamental supporting "strong" FY18 guidance, stating the company is well positioned for growth from a pick-up in industrial activity. The analyst keeps his Market Perform rating on US Ecology.
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