Seaport Research analyst JOhn Mazzoni initiated coverage of Republic Services with a Buy rating and $270 price target The firm launched coverage of the waste management majors, saying it is positive on the group as a whole given the market volatility. It has Buy ratings on GFL Environmental (GFL), Republic Services (RSG), and Waste Connections (WCN), and a Neutral rating on WM (WM). The analyst likes the WM story, but waits for a more constructive entry point given the upcoming investor day.
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