JPMorgan lowered the firm’s price target on Republic Services (RSG) to $260 from $275 and keeps a Neutral rating on the shares. The firm adjusted targets in the machinery and waste services group ahead of the Q3 reports. The sector has historically underperformed in the three months after the first Federal Reserve rate cut and another escalation of tariffs on Chinese goods should impact Q4 earnings for most companies, the analyst tells investors in a research note. JPMorgan established December 2026 price targets versus December 2025 previously.
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Read More on RSG:
- Republic Services price target lowered to $250 from $260 at Scotiabank
- Republic Services price target raised to $260 from $250 at Raymond James
- Republic Services resumed with a Buy at Stifel
- Republic Services initiated with an Equal Weight at Barclays
- Republic Services price target lowered to $270 from $280 at Citi