Scotiabank raised the firm’s price target on Republic Services (RSG) to $233 from $224 and keeps a Sector Perform rating on the shares. The company ended 2024 with a continued solid margin execution, the analyst tells investors. While the margin momentum is expected to continue in 2025 despite some headwinds in the short term, management is targeting near tripling of merger and acquisition spending and has had a good start in Q1, the firm adds.
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