GFL Environmental price target raised to $57 from $56 at Raymond James

Raymond James raised the firm’s price target on GFL Environmental (GFL) to $57 from $56 and keeps an Outperform rating on the shares. GFL’s unique story through M&A and organic channels makes it a growth leader among peers, and while M&A optionality exists, building tailwinds from a host of areas including price and operational improvements and balance sheet optimization should provide a continued fundamental improvement, the analyst tells investors in a research note.