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Fly News Breaks for July 26, 2019
Jul 26, 2019 | 14:55 EDT
Raymond James analyst Patrick Tyler Brown reiterated an Outperform rating on Republic Services and raised his price target on shares to $93 from $83 following the company's better-than-expected Q2 earnings results and reiterated guidance. The analyst noted that while some "lingering issues persist" in the recycling line of business, the company's core solid waste business "remains solid" and "is positioned to benefit from inflation," which will help to offset commodity weakness.
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