Raymond James lowered the firm’s price target on Republic Services (RSG) to $257 from $258 and keeps an Outperform rating on the shares. Republic Services has refocused its efforts across the board, sparking a new level of emphasis on growth, profitability, and consistency, and the company is producing some of the strongest and most consistent growth in a decade, the analyst tells investors in a research note. The firm sees Republic Services as a beneficiary of new laws surrounding per- and polyfluoroalkyl substance.
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Read More on RSG:
- Republic Services price target raised to $245 from $232 at Baird
- Republic Services price target raised to $268 from $260 at BMO Capital
- Republic Services: Strong Financial Performance and Strategic Growth Justify Buy Rating
- Strong Growth and Margin Expansion Drive Buy Rating for Republic Services
- Republic Services files automatic mixed securities shelf
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