TD Cowen lifts target for Clean Harbors stock to USD 390
Published on 10/17/2026 at 20:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading position
- TD Cowen raised its Clean Harbors target to USD 390 from USD 380 on October 14, 2026.
- Clean Harbors will report third-quarter 2026 results on October 28, 2026.
- Clean Harbors stock closed at USD 320.06 on October 16, 2026, 0.09 percent above the NYSE close of USD 319.78.
- Clean Harbors traded at 38.84 times earnings with a USD 16.9 billion market capitalization on October 16, 2026.
TD Cowen raised its Clean Harbors target to USD 390 from USD 380 on October 14, 2026, while maintaining a Buy rating, according to Investing.com. The new target is 21.85 percent above the USD 320.06 closing price. Clean Harbors last closed at USD 320.06 on the NYSE on October 16, 2026 at 4:00 p.m. ET, 0.09 percent above the NYSE close of USD 319.78.
Revenue sets the next test
Clean Harbors generated USD 1.74 billion in revenue in the second quarter of 2026, up 18.87 percent from USD 1.46 billion in the first quarter. Net income attributable to common shareholders reached USD 170.46 million, compared with USD 63.20 million in the prior quarter, while diluted earnings per share rose to USD 3.22 from USD 1.19. The figures come from the standardized second-quarter 2026 financial statements.
Stock remains below its high
The October 16 closing price stood USD 15.88 below the USD 335.94 52-week high, a 4.73 percent gap. It was USD 118.72 above the USD 201.34 52-week low, or 58.98 percent. Trading volume reached 491,678 shares against an average of 429,423 shares.
Valuation and upcoming date
Clean Harbors had a USD 16.9 billion market capitalization and a trailing P/E ratio of 38.84 on October 16, 2026. The next scheduled event is the third-quarter 2026 results conference call on October 28, 2026 at 9:00 a.m. ET, according to Clean Harbors.
Comparison with peers
Clean Harbors: plus 0.09 percent, P/E 38.84, market capitalization USD 16.9 billion.
Waste Management (NYSE, USD): plus 1.19 percent, P/E 32.13, market capitalization USD 90.7 billion.
Republic Services (NYSE, USD): plus 0.82 percent, P/E 32.80, market capitalization USD 70.9 billion.
What the target says
TD Cowen's revised target places the analyst view above the latest market valuation, while the upcoming results date provides the next scheduled test for the company's revenue and earnings trajectory. The closing price remained 4.73 percent below its 52-week high on October 16, 2026.
The latest NYSE closing price was USD 320.06 on October 16, 2026 at 4:00 p.m. ET, plus 0.09 percent versus the NYSE close of October 15, 2026 at USD 319.78.
Market context: Market report S&P 500.
More news and analyses on Clean Harbors stock
Clean Harbors stock facts
- Company: Clean Harbors, Inc.
- ISIN: US1844961078
- Ticker: CLH
- Primary exchange: NYSE
- Closing price NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 320.06
- Change versus NYSE close: plus 0.09 percent
- Market capitalization: USD 16.9 billion (as of October 16, 2026)
- 52-week range: USD 201.34-335.94 (as of October 16, 2026)
- Sector / Industry: Industrials / Waste Management
