Barclays upgraded Rollins (ROL) to Overweight from Equal Weight with a price target of $72, up from $60. In its November meetings, the firm found management “very confident” on the company’s next 12-24 months. Estimates could go up and the stock’s multiple “should at least hold up well,” the analyst tells investors in a research note. Barclays believes Rollins’ secular growth drivers are strengthening.
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