Clean Harbors price target lowered to $176 from $186 at BMO Capital

BMO Capital lowered the firm’s price target on Clean Harbors to $176 from $186 but keeps an Outperform rating on the shares. The company’s Q3 results were disappointing, though a confluence of factors that weighed on profitability are unlikely to repeat, the analyst tells investors in a research note, also stating that the demand outlook for industrial and hazardous waste services “remains positive”.