Canaccord Genuity Maintains a 'Buy' on Casella Waste Systems (CWST); Single-stream Recycling Facility Tour Highlights

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Canaccord Genuity maintains a 'Buy' on Casella Waste Systems (NASDAQ: CWST) price target of $8.00.

Canaccord analyst, Eric Prouty, said, "We continue to believe Casella has made substantial improvements to its longterm business model by completing the divestiture of non-integrated recycling assets and refinancing its debt. With these actions complete, Casella is refocusing on driving top-line growth and returning to positive EPS, which we estimate will occur in F2013."

For more ratings news on Casella Waste Systems click here and for the rating history of Casella Waste Systems click here.

Shares of Casella Waste Systems closed at $5.46 yesterday, with a 52 week range of $3.78-$8.29.

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