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Fly News Breaks for April 10, 2019
SRCL
Apr 10, 2019 | 08:49 EDT
After traveling with incoming Stericycle CEO Cindy Miller, Stifel analyst Michael Hoffman noted that she expects to become a sustainable, scalable growth company after making Stericycle smaller and leaner, but said that Miller "is not interested in shrinking to greatness." Stericycle's business model is not broken, but it must re-establish it can repeatedly predict its outlook, said Hoffman, who reaffirmed his Buy rating and $70 target price on the stock following the management meeting.
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