Global Stock News

Clean Harbors Stock Jumps After Citi Upgrade Predicts Waste Management Growth

Clean Harbors Stock Jumps After Citi Upgrade Predicts Waste Management Growth

Key Stats for Clean Harbors Stock

  • Price change for Clean Harbors stock: 1%
  • $CLH Stock Price as of Apr. 8: $303
  • 52-Week High: $317
  • $CLH Stock Price Target: $306

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

Clean Harbors (CLH) stock jumped on Wednesday after Citi upgraded the stock from Neutral to Buy, lifting its price target from $302 to $346.

The bank’s analyst Bryan Burgmeier argued that rising U.S. chemicals production could drive stronger demand for hazardous waste disposal — and that the market hasn’t fully priced that in yet.

The logic is straightforward.

  • More chemical output means more complex waste…

Source link

Share this article

Scroll to Top