Ceco Environmental price target raised to $22 from $15 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Ceco Environmental to $22 from $15 and keeps a Buy rating on the shares. The analyst cites continued strength in the company’s results and its revised upward guidance for 2023 for the target raise. The pullback in the stock post the Q4 earnings call has presented an attractive entry level for investors who are looking for growth opportunities in the small cap industrial market segment, the analyst tells investors in a research note.