Rollins price target raised to $62 from $52 at RBC Capital

RBC Capital analyst Ashish Sabadra raised the firm’s price target on Rollins (ROL) to $62 from $52 and keeps an Outperform rating on the shares ahead of its Q1 results. The resilience of the pest control services in recessions, combined with solid execution and rising pricing trends, should support sustained 7%-8% organic revenue growth for the company, the analyst tells investors in a research note.