JPMorgan raised the firm’s price target on Republic Services (RSG) to $275 from $229 and keeps a Neutral rating on the shares after assuming coverage of the waste services sector. With Republic Services shares already re-rating, the stock’s risk/reward is balanced, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSG: