Raymond James Upgrades Casella Waste (CWST) to Strong Buy, Sets New $11 Price Target

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Shares of Casella Waste Systems (NASDAQ: CWST) have just spiked higher in intraday trading as an analyst at Raymond James issued a mid-day upgrade on the stock.

Raymond James now rates Casella shares a Strong Buy, up from Market Perform previously. The firm also set a new $11 price target on the stock.

With shares of Casella up sharply to over $7.30 today following news that it will sell its non-integrated recycling assets, Raymond James new price target represents potential upside of about 51%.

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

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