RBC Capital raised the firm’s price target on Republic Services to $199 from $166 and keeps a Sector Perform rating on the shares. The company’s Q4 results were “solid”, coming in ahead of expectations on 260 bps of margin expansion, and should be positively received as management continues on the trend of strong execution, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RSG:
- Republic Services Forecasts Strong 2024 Financial Performance
- Republic Services, Inc. Reports Fourth Quarter and Full-Year 2023 Results; Provides 2024 Full-Year Financial Guidance
- RSG Earnings this Week: How Will it Perform?
- Teamsters authorize strike at Republic Services in Indiana
- Ameresco begins ops of renewable gas facility at Republic’s Brickyard Landfill