Oppenheimer Maintains Outperform on Republic Servs, Raises Price Target to $182
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye has maintained an Outperform rating on Republic Services (NYSE:RSG) and increased the price target from $172 to $182.
January 12, 2024 | 2:27 pm
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Oppenheimer has reaffirmed Republic Services' Outperform rating and raised the price target from $172 to $182, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Noah Kaye from Oppenheimer typically signals a strong conviction in the company's future performance and growth potential. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100