Ecolab price target raised to $215 from $208 at Wells Fargo

Wells Fargo analyst Seth Weber raised the firm’s price target on Ecolab to $215 from $208 and keeps an Overweight rating on the shares. The firm notes shares were up on an upside Q2 and positive forward commentary, including visibility into Q4 OI dollar recovery that underscores the margin torque/EPS opportunity ahead as raws moderate and pricing remains above historical levels.