Ecolab price target raised to $279 from $271 at Baird

Baird raised the firm’s price target on Ecolab (ECL) to $279 from $271 and keeps a Neutral rating on the shares. The firm said 3Q24 results met expectations and updated guidance bracketed the in-place consensus for both 4Q24 and 2025 with revenue only slightly behind expectations at 4% organically.