Argus raised the firm’s price target on Republic Services to $175 from $165 and keeps a Buy rating on the shares. The analyst cites the company’s recent Q3 earnings beat and raised guidance, along with the management signaling its confidence with a dividend hike. Republic Services also offers “strong growth prospects”, helped by its acquisitions, the firm tells investors in a research note.
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Read More on RSG:
- Republic Services, Inc. Reports Third Quarter 2023 Results
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- Republic Services reports Q3 adjusted EPS $1.54, consensus $1.42
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