CIBC raised the firm’s price target on Republic Services (RSG) to $227 from $217 and keeps a Neutral rating on the shares. The firm expects the waste sector to continue to benefit from a strong pricing environment and easing inflation, resulting in outsized margin expansion in 2025 in solid waste, the analyst tells investors in a note on the group.
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Read More on RSG:
- Republic Services price target raised to $220 from $200 at TD Cowen
- Republic Services price target raised to $217 from $208 at CIBC
- Republic Services price target raised to $244 from $220 at Truist
- Republic Services price target raised to $220 from $219 at Oppenheimer
- Republic Services price target raised to $219 from $211 at RBC Capital