Truist initiated coverage of Heritage-Crystal Clean with a Buy rating and $42 price target. The stock’s valuation prices in a more significant decline in Heritage-Crystal’s oil earnings than appears realistic, the analyst tells investors in a research note. The firm is bullish for prospects on Environmental Services margin expansion driven by easing cost inflation pressures, success implementing more aggressive price increases, and progress building a national route.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on HCCI: