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Fly News Breaks for August 6, 2018
CWST
Aug 6, 2018 | 07:10 EDT
As previously reported, Stifel analyst Michael Hoffman downgraded Casella Waste to Hold from Buy, stating that the company, like peers, is benefiting from tight disposal capacity, but he sees the shares at nearly fully valued. Noting that Casella is on pace to meet its 2021 free cash flow goal at least a full year ahead of plan, possibly faster, Hoffman raised his price target on the shares to $30 from $28.