The Republic Services, Inc. (NYSE: RSG) has been making significant strides in the market, indicated by various noteworthy occurrences in the recent past. Asset managers and investment firms are showing heightened interest in RSG. This is evident with Franklin Resources Inc. selling 85, 819 shares, Virtu Financial LLC having a $2.40 Million stake, Kovitz Investment Group, Geode Capital Management LLC, and Barclays PLC increasing their holdings in RSG.
Moreover, Deutsche Bank upgraded RSG from Hold to Buy, adding to the positive sentiment. RSG also appeared to perform resiliently based on its latest SWOT analysis and compared favorably against other Environmental Services Stocks. RSG later celebrated its 5,000th veteran employed, adding to their positive outlook.
Other notable events include their Q3 Earnings being applauded by analysts, a renewable natural gas plant operations started in partnership with Ameresco, the unveiling of innovative technologies like their Circularity Index aimed at improving sustainable practices, and hitting emissions reduction targets earlier than projected. Nonetheless, skepticism remains due to the stock's premium valuation.
Republic Services RSG News Analytics from Sat, 13 Jul 2024 07:00:00 GMT to Sat, 14 Dec 2024 11:38:13 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -3
