RBC Capital lowered the firm’s price target on Ecolab (ECL) to $294 from $306 but keeps an Outperform rating on the shares, previewing the company’s Q4 results and 2025 outlook. Ecolab should execute toward the 20% operating margin target by FY27, driven by innovation, value-based pricing, SG&A productivity improvement, and improving operational efficiency, the analyst tells investors in a research note. The firm adds however that it is reducing its FY25 EPS by 20c to $7.35 and its FY26 EPS view by 25c to $8.40 predominantly due to FX headwinds.
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