Market Overview

UPDATE: Wedbush Upgrades Republic Services on Cyclical Economic Recovery

Related RSG
Credit Suisse Says Waste Connections, Republic Services Most Likely Acquirers If Progressive Waste Sells
Earnings Scheduled For October 29, 2015
Large, Mid and Small Cap Waste Management Stocks in the News (Small Cap Network)

In a report published on Wednesday, Wedbush analyst Al Kaschalk Upgraded Republic Services (NYSE: RSG) from Neutral to Outperform and raised the price target on the company from $33 to $40.

In the report, Wedbush stated, "Our upgrade of Republic Services (RSG) is predicated on the realization of a cyclical economic recovery where the benefit of higher volumes and improving price within municipal and competitive markets drives EBITDA margin expansion and grows cash flow over the next 12-24 months."

Republic Services closed on Wednesday at $34.06.

Latest Ratings for RSG

Feb 2016Stifel NicolausMaintainsBuy
Dec 2015JP MorganInitiates Coverage onOverweight
Nov 2015Credit SuisseInitiates Coverage onNeutral

View More Analyst Ratings for RSG
View the Latest Analyst Ratings

Posted-In: Al Kaschalk WedbushAnalyst Color Upgrades Analyst Ratings


Related Articles (RSG)

Get Benzinga's Newsletters