UBS upgrades Clean Harbors to Buy and raises price target to $375
UBS lifted Clean Harbors (CLH) to a Buy rating, increasing its price target from $325 to $375. The upgrade follows the company's second‑quarter EBITDA of $409 million, a 22% year‑over‑year rise. UBS expects fiscal‑2027 EBITDA per share to be about 5% above consensus and notes leverage could fall to 1.0x by 2030. The stock is currently trading around $316, which GuruFocus says is 21.3% above its intrinsic value.
Why it matters
The higher target and Buy rating signal UBS sees earnings upside, which could attract buying pressure. However, GuruFocus points out the stock may be overvalued at its current price, suggesting investors should weigh the upgrade against valuation concerns.
Key facts
- 1UBS raised the price target to $375 from $325. investing.com
- 2Clean Harbors reported Q2 EBITDA of $409 million, up 22% YoY. investing.com
- 3UBS estimates fiscal‑2027 EBITDA per share to be 5% above consensus. investing.com
- 4UBS expects leverage to decline to 1.0x by 2030. investing.com
- 5The stock is trading at $316.28, 21.3% overvalued versus its GF Value™ of $260.75. gurufocus.com
- 6Insiders have sold $1,051,104 of CLH shares in the last three months. gurufocus.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.