CECO Environmental (NASDAQ:CECO) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Market Beat
2026.01.16 17:55
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Needham & Company LLC has raised its target price for CECO Environmental (NASDAQ:CECO) from $70.00 to $75.00, maintaining a "buy" rating. This new target suggests a potential upside of 10.79% from the stock's previous close. Other analysts have also provided positive ratings, with Zacks upgrading the stock to "hold" and Northland Securities increasing their price target to $73.00. CECO Environmental's stock recently traded at $67.70, reflecting a 2.3% increase, and the company reported strong quarterly earnings, exceeding estimates with a revenue of $197.60 million.