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Fly News Breaks for August 3, 2017
SRCL
Aug 3, 2017 | 08:09 EDT
Jefferies analyst Sean Dodge sees "two big positives" from Stericycle's preliminary class action settlement. One, the amount compares "very favorably" to the $608M plaintiff's demand and the $400M-$500M consensus, Dodge tells investors in a research note. Two, the news removes a big overhang on the stock, the analyst adds. He sees the shares going back to trading on improving fundamentals and keeps a Buy rating on Stericycle with a $108 price target.
News For SRCL From the Last 2 Days
SRCL
Apr 25, 2024 | 07:04 EDT
Completed previously disclosed workforce reduction in the first quarter of 2024 and are on track to realize an estimated $40-$45 million of in-year cost savings.
