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Fly News Breaks for January 4, 2017
WCN
Jan 4, 2017 | 07:20 EDT
Following Waste Connections' acquisition of Groot Industries, Oppenheimer analyst Noah Kaye says he views the deal as a "strong indicator" of the company's ability to execute accretive M&A by leveraging its localized management structure and culture of empowerment and accountability. The analyst reiterates an Outperform rating on the stock and raised his price target on the shares to $84 from $82.