BMO Capital analyst Devin Dodge raised the firm’s price target on Republic Services (RSG) to $284 from $280 and keeps an Outperform rating on the shares. The company delivered another strong quarterly result, including the highest solid waste margin among peers for the second consecutive quarter, the analyst tells investors in a research note. Republic Services M&A remains active and with financial leverage at the low end of its targeted range, BMO added.
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