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Fly News Breaks for January 19, 2018
SRCL
Jan 19, 2018 | 09:00 EDT
RBC Capital analyst Gary Bisbee raised his price target on Stericycle to $75, forecasting a 12% reduction in 2018 effective tax rate that will boost this year's EPS by about 18%. Despite this benefit, the analyst contends, the company remains constrained by many challenges with flat profits and some time required to improve execution as suggested by the recent announcement of restructuring efforts. Bisbee keeps his Underperform rating on Stericycle.
News For SRCL From the Last 2 Days
SRCL
Apr 26, 2024 | 07:04 EDT
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.
