Information Provided By:
Fly News Breaks for May 16, 2016
WM, SRCL
May 16, 2016 | 07:43 EDT
Stifel believes that an acquisition of Stericycle (SRCL) could be "compelling" for Waste Management (WM) if the deal could be done at 10.6 times. The firm notes that Stericycle's sales are growing at a "mid to upper digit" rate, versus 2%-3% growth at Waste Management. The firm keeps a Buy rating on Waste Management and a Hold rating on Stericycle.