Republic Services price target raised to $227 from $217 at CIBC

CIBC raised the firm’s price target on Republic Services (RSG) to $227 from $217 and keeps a Neutral rating on the shares. The firm expects the waste sector to continue to benefit from a strong pricing environment and easing inflation, resulting in outsized margin expansion in 2025 in solid waste, the analyst tells investors in a note on the group.

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