Goldman Sachs analyst Adam Bubes initiated coverage of Republic Services (RSG) with a Buy rating and $255 price target The firm says the company has evolved into a waste management industry leader in portfolio quality and operational execution. Goldman expects a continued strong price/cost spread for Republic, supported by its vertical integration and strong local market share.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSG:
- Strong Long-Term Growth Potential for Republic Services Amid Favorable Market Conditions
- Republic Services initiated with an Overweight at Wells Fargo
- Republic Services initiated with a Market Perform at Bernstein
- Republic Services: Hold Rating Amid Modest Growth Prospects and Adjusted Guidance
- Republic Services price target lowered to $248 from $260 at Jefferies