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GFL Environmental price target raised to $58 from $56 at Citi

Citi raised the firm’s price target on GFL Environmental (GFL) to $58 from $56 and keeps a Buy rating on the shares. The firm is raising its FY25 EBITDA estimate 1% to reflect the 2Q beat and company raising FY25 guidance. GFL is running behind its M&A spending guidance based on its year-to-date pace, but the firm sees deals closing in the second half as additive to what it calls “an already strong setup” for 2026.

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