Stericycle (SRCL) Drops Off Stifel Select List

October 16, 2020 7:17 AM EDT
Get Alerts SRCL Hot Sheet
Price: $71.21 +0.94%

Rating Summary:
    10 Buy, 9 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 13 | New: 23
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Stifel analyst Michael Hoffman reiterated a Buy rating and $85.00 price target on Stericycle (NASDAQ: SRCL) but removed the name from the Stifel Select List following a 32.6% Y/Y gain.

The analyst stated "Since inclusion on the Select List the stock is up 32.6% compared to the S&P 500 and Russel 2000 up 15.9% and 3.8%, respectively. Our investment thesis remains intact: SRCL is making steady progress executing its five strategic pillars: divest of non-core assets, balance sheet delever, revenue quality, cut excess costs and roll-out a global ERP, the last being delayed by the travel restrictions posed by the pandemic should resume in 1H21."

For an analyst ratings summary and ratings history on Stericycle click here. For more ratings news on Stericycle click here.

Shares of Stericycle closed at $67.13 yesterday.

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