tiprankstipranks
Ecolab downgraded to Equal Weight from Overweight at Barclays
The Fly

Ecolab downgraded to Equal Weight from Overweight at Barclays

Barclays analyst Manav Patnaik downgraded Ecolab to Equal Weight from Overweight with a price target of $160, down from $170. The analyst is waiting for more clarity on the outlook for U.S. business and information services stocks heading into 2023. He recommends reducing exposure and awaiting guidance from managements. Patnaik is looking for companies that guide conservatively.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles