Scotiabank analyst Konark Gupta lowered the firm’s price target on GFL Environmental (GFL) to $57 from $58 and keeps an Outperform rating on the shares. The firm is updating its price targets for Transportation & Industrials stocks under its coverage, the analyst tells investors. The firm currently sees an upside risk to market expectations for defense companies and a downside risk for freight carriers. Scotiabank names GFL Environmental as one of its top picks for the year.
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