Wells Fargo Sticks to Its Buy Rating for Republic Services (RSG)
In a report released yesterday, Jerry Revich from Wells Fargo maintained a Buy rating on Republic Services, with a price target of $252.00.
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According to TipRanks, Revich is a 5-star analyst with an average return of 8.7% and a 56.73% success rate. Revich covers the Industrials sector, focusing on stocks such as Caterpillar, Cummins, and Herc Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Republic Services with a $248.06 average price target.
Based on Republic Services’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.14 billion and a net profit of $545 million. In comparison, last year the company earned a revenue of $4.05 billion and had a net profit of $512 million
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- Republic Services price target raised to $245 from $233 at JPMorgan
- Republic Services price target raised to $252 from $238 at Wells Fargo
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