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Wunderlich Securities has issued a report raising the Price Target on Stericycle Inc.
SRCL. to $85 a share.
According to the report, "SRCL delivered solid 1Q11 results with revenues exceeding expectations on increased acquisitions and stronger returns management revenues. SRCL now controls as much as 50% of the domestic collection market and more than 50% of the domestic small quantity generator (
SQG) market."
SRCL has a Hold Rating and closed at $94.29 a share yesterday.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsEnvironmental & Facilities ServicesIndustrialsWunderlich
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