Rollins upgraded to Buy from Neutral at Rothschild & Co Redburn

Rothschild & Co Redburn upgraded Rollins (ROL) to Buy from Neutral with a price target of $66, up from $51.90, implying 16% upside. The firm says the share pullback leaves Rollins’ valuation implying the lower levels of organic growth delivered in the past two quarters are lasting, which will not be the case. The company’s recurring contract portfolio has remained resilient, which should underpin its fiscal 2026 organic growth, the analyst tells investors in a research note. Rothschild also expects the industry to remain resilient amid macroeconomic uncertainty.