CLH: Needham Lowers Price Target on Clean Harbors While Maintaining Buy Rating | CLH Stock News

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May 01, 2025
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On May 1, 2025, Needham analyst James Ricchiuti announced an update on Clean Harbors (CLH, Financial), adjusting the stock's price target from $268.00 to $255.00 USD. Despite this adjustment, the analyst maintained a "Buy" rating for the company.

The revised price target of $255.00 represents a 4.85% decrease from the previous target. The rating reaffirmation suggests confidence in Clean Harbors' long-term potential, even though the near-term price expectation has been lowered.

Investors should note that the current evaluation still indicates a positive outlook, as reflected by the "Buy" rating, which remains unchanged since the prior assessment of Clean Harbors (CLH, Financial).

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 12 analysts, the average target price for Clean Harbors Inc (CLH, Financial) is $251.26 with a high estimate of $300.00 and a low estimate of $205.00. The average target implies an upside of 14.45% from the current price of $219.53. More detailed estimate data can be found on the Clean Harbors Inc (CLH) Forecast page.

Based on the consensus recommendation from 13 brokerage firms, Clean Harbors Inc's (CLH, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Clean Harbors Inc (CLH, Financial) in one year is $195.63, suggesting a downside of 10.89% from the current price of $219.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Clean Harbors Inc (CLH) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.