Republic Services price target lowered to $248 from $251 at BMO Capital

BMO Capital lowered the firm’s price target on Republic Services (RSG) to $248 from $251 and keeps an Outperform rating on the shares after its Q4 results and below-consensus guide. The company’s initial 2026 guidance was shy of expectations heading into the print, but the firm believes it embeds the management’s typical conservatism, adding that there are multiple sources of upside risk including a cyclical volume recovery, improved commodity values, stronger margin expansion, and incremental M&A, the analyst tells investors in a research note.