Goldman Sachs analyst Adam Bubes lowered the firm’s price target on Casella Waste (CWST) to $111 from $125 and keeps a Buy rating on the shares following the Q3 beat and raise. There is increasing visibility on a return to margin expansion, the analyst tells investors in a research note. Goldman continues to expect an underlying mid to high single-digit organic EBITDA growth algorithm through the cycle and significant runway for value-added M&A.
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