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Fly News Breaks for April 1, 2019
RSG
Apr 1, 2019 | 07:08 EDT
Stifel analyst Michael Hoffman said the confidence of Republic Service's management team in the durability and quality of solid waste and its own position came through consistently in his recent meetings. He said the company intends to reaffirm guidance on the Q1 earnings call despite incremental pressure in Q1 from wet weather and weaker recycled prices. Following the meetings, he raised his price target on Republic Service shares to $86 from $84 and keeps a Buy rating on the stock.
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