-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：我們將ECL的目標股價下調21美元至328美元，相當於2027年每股盈餘預期值的33.7倍，與ECL過去三年的平均預期本益比一致。我們將2026年的每股盈餘預期下調0.16美元至8.47美元，並將2027年的每股盈餘預期下調0.10美元至9.74美元。 ECL第一季業績強勁，有機成長加速，利潤率擴大，這得益於其成長引擎（全球高科技、生命科學、害蟲防治和數位業務）的強勁表現，這些業務合計增長12%，目前佔銷售額的20%以上。儘管商品成本上升，但鑑於公司對其定價能力的信心，我們維持2026年的業績指引（調整後每股收益成長12%-15%）。即將完成的對 CoolIT Systems 的收購將打造一個價值 15 億美元的高科技平台，該平台將以每年 20%-25% 以上的增長率和高利潤率運行，使 ECL 成為人工智慧資料中心循環水管理和晶片級直接冷卻領域的領先供應商。憑藉強勁的定價策略、向高利潤業務的投資組合調整以及數位化/人工智慧專案帶來的銷售、管理和行政成本槓桿效應，ECL 仍有望在 2027 年實現 20% 的營業利潤率目標（第一季為 16.7%）。
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