Republic Services (RSG) has been on a strong financial trajectory, with its Q2 earnings release widely awaited. Multiple firms including
Mitsubishi UFJ Trust & Banking Corp and
Oppenheimer Asset Management Inc adjusted their stakes in the company, while its price target was raised to $211.00 at
Oppenheimer. Moreover, Republic Services registered a significant 28% rise in six months and surpassed analyst estimates with strong
Q1 2024 earnings. The company also achieved continuous growth and revenue expansion, with
44% growth within a year. Despite some stocks being sold by insiders, Republic Services has attracted investment from several entities like
Lord Abbett & CO. LLC and
BNP PARIBAS ASSET MANAGEMENT Holding S.A.. The waste management company has occasional
margin improvements and a wide pipeline of opportunities, earning an upgrade at
Truist. It partnered with the
City of Louisville to pioneer the first fully electric collection fleet in the nation, as it continues to enhance its sustainable practices, even earning a spot in Barron's 100 Most Sustainable Companies list for 2024.
Republic Services RSG News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 17:19:23 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -5