UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on Ecolab on In-Line Q4 Earnings

In a report published Wednesday, Deutsche Bank reiterated its Buy rating on Ecolab (NYSE: ECL ), and raised its price target from $77.00 to $88.00. Deutsche Bank noted, “Ecolab shares rose 4% following an in-line Q4 earnings release as below consensus Q1 '13 guidance was more than