Oppenheimer analyst Noah Kaye raised the firm’s price target on Republic Services to $195 from $182 and keeps an Outperform rating on the shares. The firm notes the company delivered a robust Q4 top-/bottom-line beat, while guiding full year 2024 adjusted EBITDA/free cash flow midpoints 3% above the Street. Oppenheimer sees Republic Services continuing top-tier execution.
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