Truist analyst Tobey Sommer raised the firm’s price target on Republic Services (RSG) to $250 from $244 and keeps a Buy rating on the shares. The company issued mixed 2025 guidance with revenue slightly below the Street at the midpoint and EBITDA ahead of expectations, though the firm continues to see 30-50bps of annual margin expansion over the long term as Republic Services management highlighted the 2025 guide includes 20bps headwind from commodity prices and integration, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSG:
- Republic Services price target raised to $248 from $230 at BofA
- Strategic Growth and Financial Resilience Reinforce Buy Rating for Republic Services
- Republic Services price target raised to $232 from $218 at Baird
- Republic Services Reports Strong Growth and Outlook
- Republic Services sees FY25 adjusted EBITDA $5.275B-$5.325B