Scotiabank raised the firm’s price target on GFL Environmental (GFL) to $52 from $50 and keeps an Outperform rating on the shares. The firm is more positive on the long-term growth, margin, and free cash flow story for the company following its investor day, the analyst tells investors. Scotiabank estimates the stock could be worth at least $75 in three years, up 65% from current levels.
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