Stifel and J.P. Morgan lower PT on Ecolab post Q1 results

Brokerages Stifel and J.P. Morgan cut price target on water solutions company Ecolab ECL.N after company posted lower Q1 profit on Tuesday

Stifel lowers PT to $303 from $307; implying a 22.7% upside to stock's last close

Brokerage says company will weather the impact from tariffs due to local sourcing, its resilient supply chain, and 5% surcharge pricing

"We estimate the company will achieve its 2025 earnings per share target through lower volumes, but higher pricing and foreign exchange tailwinds," brokerage says

J.P. Morgan lowers PT to $250 from $260; implying a 1.3% upside to stock's last close

Brokerage says 5% surcharge may prove to be a test of the strength of Ecolab’s pricing power

Thirteen of 27 brokerages rate the stock "buy" or higher, 14 "hold"; their median PT is $280.50 - data compiled by LSEG

Including session's moves, stock up 6.9% YTD