Baird analyst David Manthey raised the firm’s price target on Republic Services to $142 from $136 and keeps a Neutral rating on the shares. The analyst said they reported solid 4Q22 results, beating our estimates/matching the Street. 2023 guidance was as expected, consistent with directional commentary provided last quarter and implying another strong year of fundamental performance.
Published first on TheFly
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Read More on RSG:
- Republic Services, Inc. Reports Fourth Quarter and Full-Year Results; Provides 2023 Full-Year Guidance
- Republic Services sees FY23 adjusted EPS $5.15-$5.23, consensus $5.04
- Republic Services reports Q4 adjusted EPS $1.13, consensus $1.02
- Republic Services price target lowered to $140 from $150 at Deutsche Bank
- Casella Waste downgraded to Underperform from Neutral at BofA
