Baird Raises Clean Harbors (CLH) Price Target to $365

On October 22, 2026, Baird kept its Outperform rating on Clean Harbors, Inc. (NYSE:CLH), while bumping up its price target to $365 from $360. The research note arrived as shares traded near the $317 mark, with analysts across Wall Street reviewing their models ahead of upcoming corporate updates.

CLH Clean Harbors, Inc.

$319.26 ▲ +31.15% year to date

1M 3M YTD

Daily close · Oct 21, 2026

Baird's Call on Clean Harbors

In its October 22 report, Baird opted to keep its positive stance intact on Clean Harbors while adjusting the target higher from its previous level of $360. The firm's Outperform rating signals confidence in the waste management provider's operational path, though the new $365 target sits above where the equity recently changed hands.

Other Institutional Activity in Clean Harbors

Big institutional funds have adjusted their stakes in Clean Harbors through the middle of 2026. Jupiter Topco LLC grew its holdings by 799,287 shares, ending with 1,598,574 shares worth about $507,755,067. D1 Capital Partners, LP reduced its stake by 22,750 shares, finishing with 1,315,501 shares valued at roughly $417,842,589. ClearBridge Investments, LLC trimmed its position by 76,014 shares, leaving it with 1,126,744 shares worth approximately $357,887,702.

Clean Harbors, Inc. Stock Down 0.5%

Clean Harbors closed at $317.63 on October 22, 2026, remaining roughly equal to its spot price of $317.65. The shares trade above their 50-day moving average of $316.92 and well above their 200-day moving average of $296.00. The equity remains about 5.4% below its 52-week high of $335.94 and up about 57.8% from its 52-week low of $201.34.

Recent Earnings

Clean Harbors generated $6,243,574,784 in trailing-twelve-month revenue, alongside an EPS of $8.25. The company posted a net profit margin of 7.0% and a return on equity of 15.6%. The company is scheduled to release its next earnings report on October 28, 2026.

Insider Buying and Selling at Clean Harbors, Inc.

Company insiders have made several trades over recent months. Director Karyn Polito bought 460 shares on May 11, 2026, at an average price of $295.13 for a total value of $135,760. Director Lauren C States sold 789 shares on May 26, 2026, at $286.19 apiece for $225,804. Director Andrea Robertson sold 789 shares on August 3, 2026, at $314.01 totaling $247,754. Officer Eric W Gerstenberg sold 2,500 shares on August 14, 2026, at $321.34 for a total value of $803,350.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the stock ahead of its upcoming financial results. On October 8, 2026, Barclays maintained an Equal-Weight rating and raised its target to $335 from $325. On October 14, 2026, TD Cowen kept a Buy rating and raised its target to $390 from $380. On October 15, 2026, Citigroup maintained a Buy rating and lifted its target to $378 from $376. On October 21, 2026, UBS upgraded the stock to Buy and raised its target to $375 from $325. Overall, the stock carries a consensus recommendation of strong buy with a mean price target of $364.67 across 15 analyst opinions.

About Clean Harbors

Clean Harbors, Inc. operates out of Norwell, Massachusetts, providing environmental and industrial services across the United States and Canada. The company handles waste management and industrial cleaning tasks through its primary Environmental Services division alongside its Safety-Kleen sustainability operations.

Bottom Line

Baird's decision to lift its price target keeps momentum behind Clean Harbors as the market waits for its October 28 earnings report. Observers will watch whether upcoming revenue numbers support the firm's Outperform outlook and justify the stock's trading levels near its 52-week highs.