Stericycle, Inc. Reports Results for the Third Quarter and Year to Date 2015
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Imperial Capital Cuts Price Target Following Stericycle Inc's (SRCL) 10c EPS Miss
October 23, 2015 1:38 PM EDTImperial Capital maintained an In-Line rating on Stericycle (NASDAQ: SRCL), and cut the price target to $135.00 (from $150.00), following the company's 3Q earnings results. Adjusted EPS totaled $1.08, $0.10 below consensus. The $0.10 miss vs.
consensus was attributed to higher fees and costs.
Analyst Scott Levine commented, "Guidance reflects consistent legacy SRCL growth, industrial... More
