Canaccord Genuity Initiates CECO Environmental At Buy

Analysts at Canaccord Genuity initiated coverage on shares of CECO Environmental CECE with a Buy rating. The target price for CECO Environmental is set to $20. CECO Environmental shares have gained 7.24% over the past 52 weeks, while the S&P 500 index has surged 17.86% in the same period. CECO Environmental's shares closed at $14.51 yesterday.