Ecolab (ECL) to Benefit From Favorable Macroeconomic Backdrop

Ecolab Inc (NYSE:ECL) is one of the best Materials stocks to invest in according to Hedge Funds. On January 8, Bank of America Securities analyst Matthew DeYoe reaffirmed his positive outlook on Ecolab Inc (NYSE:ECL). The analyst assigned a Buy rating to the stock and raised his price target from $312 to $314. DeYoe’s forecasts lead to an upside of above 15% for investors. Countries with the Cleanest Tap Water in the World in 2018 Pixabay/Public Domain Despite expressing concerns regarding oversupply o ...