Clean Harbors price target raised to $196 from $180 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Clean Harbors to $196 from $180 but keeps a Neutral rating on the shares. The company’s Q4 results and outlook were “broadly in-line”, and the firm has raised its margin forecasts in Environmental Services amid a wider price/cost spread but reduced them in Safety-Kleen due to lower base oil prices, the analyst tells investors in a research note.