Clean Harbors price target raised to $235 from $225 at Raymond James

Raymond James raised the firm’s price target on Clean Harbors to $235 from $225 and keeps a Strong Buy rating on the shares. Trends remain solid despite an uncertain industrial and base oil backdrop, and Raymond James sees upside, including from improving industry dynamics that could afford improved pricing and margins in time and more powder fueling incremental M&A or buybacks, the analyst tells investors in a research note.