What To Know About UBS's Upgrade of Republic Servs
Portfolio Pulse from Benzinga Insights
UBS has upgraded its rating of Republic Services (NYSE:RSG) to 'Buy' with a new price target of $175.00, up from the previous target of $155.00. This would represent a 19.95% increase from the current share price. Republic Services is the second-largest provider of traditional solid waste services in the US.
October 23, 2023 | 5:00 pm
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UBS's upgrade of Republic Services to 'Buy' with a higher price target could potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment and can impact stock prices. In this case, UBS, a major financial institution, has upgraded its rating of Republic Services and increased its price target, which could make the stock more attractive to investors and potentially drive up the stock price in the short term.
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