Casella Waste Systems (CWST) PT Raised to $124 at Jefferies

Jefferies analyst Stephanie Moore raised the price target on Casella Waste Systems (NASDAQ: CWST) to $124.00 (from $106.00) while maintaining a Buy rating.

The analyst comments "CWST reported mixed 2Q results, beating cons estimates on revenue but missing on EBITDA and earnings. That said, pricing remains attractive running MSD% while volumes remain weak given C&D, Specialty, and contract pruning. All in, we like that pricing continues to be attractive; RNG/recycling investments are coming online; and the continued investment in the Mid-Atlantic with recent acquisitions (LMR and Whitetail) to improve density. Reiterate Buy."

You May Also Be Interested In

• Twilio (TWLO) PT Raised to $320 at Tigress Financial Partners
• Contineum Therapeutics (CTNM) PT Lowered to $23 at Stifel
• Airbnb (ABNB) call put ratio 1 call to 1.3 puts into quarter results