JP Morgan maintains CECO Environmental at Overweight, raises price target to $120 from $110
JP Morgan kept its Overweight rating on CECO Environmental and increased its price target to $120 from $110, representing a 9.1% increase.
CECO ENVIRONMENTAL CORP
CECO provides engineered products, systems and services for industrial air, industrial water and energy transition applications. Its customers include companies in power generation, oil and gas, chemical processing, manufacturing, semiconductor production and water treatment. CECO operates through two segments: Engineered Systems, which serves power generation, hydrocarbon processing, water and wastewater treatment, marine and naval vessels, and midstream oil and gas; and Industrial Process Solutions, which provides air pollution and contamination control, fluid handling and process filtration for a range of industrial markets. Its offerings include emissions management systems, cyclones, thermal acoustics, dampers, expansion joints, dust collectors, scrubbers, filtration systems, water treatment packages, pumps and engineering services. CECO makes money by selling equipment and engineered solutions, undertaking project engineering, fabrication, construction and installation, and providing aftermarket support, service contracts, maintenance and consumables. It is headquartered in Addison, Texas.
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See all $CECO insider activity →JP Morgan kept its Overweight rating on CECO Environmental and increased its price target to $120 from $110, representing a 9.1% increase.
UBS analyst Kevin McVeigh maintained a Buy rating on Equifax (EFX) with a $225 price target, citing optimism in the Industrial Goods sector. The stock closed at $189.94. TipRanks consensus is Moderate Buy with a $200.61 target. Northland Securities analyst Bobby Brooks also maintained a Buy rating on Ceco Environmental (CECO) with a $125 target, while the stock closed at $54.75. TipRanks consensus for CECO is Strong Buy with a $107.50 target.
CECO Environmental Corp. (CECO) shares surged 33% after reporting record Q3 results, with revenue up 105% to $404.4M, beating expectations. The company raised its full-year and 2027 outlooks, driven by the Thermon acquisition. CECO's market value reached $3.4B, with shares at $57.76.
Over the past 7 days, AlphAI's AI scored 11 news stories mentioning CECO (CECO ENVIRONMENTAL CORP). Coverage has skewed bullish: 8 bullish, 2 neutral, and 1 bearish.
Recent CECO coverage spans corporate actions, earnings and financial news.
Analyst upgrade may lift the stock as investors price in higher valuation.
Analyst upgrade with higher target
Strong earnings beat and upgraded guidance suggest continued upside momentum.
Strong earnings beat and raised guidance suggest upward price pressure.
Listing transfer is expected to have minimal effect on CECO's valuation.
AlphAI scores every news story that mentions CECO with an AI model for sentiment and relevance, and aggregates insider trades from CECO ENVIRONMENTAL CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
JP Morgan kept its Overweight rating on CECO Environmental and increased its price target to $120 from $110, representing a 9.1% increase.
UBS analyst Kevin McVeigh maintained a Buy rating on Equifax (EFX) with a $225 price target, citing optimism in the Industrial Goods sector. The stock closed at $189.94. TipRanks consensus is Moderate Buy with a $200.61 target. Northland Securities analyst Bobby Brooks also maintained a Buy rating on Ceco Environmental (CECO) with a $125 target, while the stock closed at $54.75. TipRanks consensus for CECO is Strong Buy with a $107.50 target.
CECO Environmental Corp. (CECO) shares surged 33% after reporting record Q3 results, with revenue up 105% to $404.4M, beating expectations. The company raised its full-year and 2027 outlooks, driven by the Thermon acquisition. CECO's market value reached $3.4B, with shares at $57.76.
CECO ENVIRONMENTAL CORP (CECO) filed an SEC Form 8-K — Results of Operations and Financial Condition. CECO ENVIRONMENTAL REPORTS THIRD QUARTER 2026 RESULTS Record Third Quarter Results Highlighted by Orders, Backlog and Adjusted EBITDA, Each Up Over 200 Percent Company Updates 2026 Outlook, Increasing Full Year Orders and Free Cash Flow Forecast Company Introduces Full Year 2027
CECO Environmental (CECO) and International Bancshares (IBOC) will move their primary listings from Nasdaq to the Texas Stock Exchange (TXSE) on October 19. Both companies cited their Texas presence as a factor. CECO provides industrial equipment, while IBOC operates banks in Texas and Oklahoma. TXSE has seen rapid growth in corporate listings.
CECO Environmental Corp (CECO) shares fell 5.7% to $71.16, within a 52-week range of $42.82 to $101.24. GuruFocus estimates the stock is 43.6% overvalued at $71.16 vs. a GF Value of $49.54. CECO has a GF Score of 83/100, with strong growth and momentum but weak financial strength (4/10) and valuation (3/10). Insiders sold $10.3M more than they bought in the past year.
CECO Environmental plans to transfer its listing from Nasdaq to the Texas Stock Exchange (TXSE). Trading on Nasdaq will end on October 16, 2026, with TXSE trading starting on October 19, 2026, under the symbol CECO, according to the company.
CECO ENVIRONMENTAL CORP (CECO) filed an SEC Form 8-K — Regulation FD Disclosure. CECO Environmental to Transfer U.S. Stock Exchange Listing to the Texas Stock Exchange Common stock expected to begin trading on TXSE on October 19, 2026, under existing ticker symbol “CECO” ADDISON, Texas, October 2, 2026 – CECO Environmental Corp. (Nasdaq: CECO) (“CECO”), a lea
CECO Environmental (Nasdaq: CECO) will transfer its stock listing from Nasdaq to the Texas Stock Exchange (TXSE) on October 19, 2026. The move is strategic, aligning with Texas' business growth, and is not expected to impact operations or stockholder rights. CECO's stock will retain the ticker symbol CECO and its CUSIP.
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