Wunderlich Securities Maintains Buy Rating and $65 PT on Clean Harbors

A report from Wunderlich Securities reiterates its Buy rating and $65 price target on Clean Harbors CLH. The report states, “CLH had better-than-expected 2Q11 results and raised FY11 guidance to $315mm-$320mm in EBITDA and FCF of $60-$70mm. Despite lower energy prices, we believe that the high demand for drilling in Canada will continue and should benefit CLH's business in these markets, more in 4Q11 than 3Q11, but nonetheless." CLH closed yesterday at $58.27.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: Analyst ColorEarningsNewsReiterationAnalyst RatingsWunderlich Securities
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!