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Goldman Sachs Resumes Waste Management Sector at Neutral

October 23, 2009 9:22 AM EDT
SRCL Hot Sheet
Rating Summary:
    4 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Goldman Sachs resumes coverage on the Waste Management group with a Neutral view. As part of the coverage, the company started Stericycle (Nasdaq: SRCL) with a Buy rating and $68 tgt calling it a compelling secular growth prospects. They rate Clean Harbors (NYSE: CLH) at Neutral and $67 tgt citing a strong cyclical recovery.

The firm also started:

  • Republic Services Inc. (NYSE: RSG) Neutral, $32 tgt
  • Waste Connections Inc. (NYSE: WCN) Neutral, $36 tgt
  • Waste Management, Inc. (NYSE: WM) Neutral, $37 tgt

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