This Apple Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Analysts upgraded RSG, AAPL, MRCY, DK and DRTS, revising price targets, including AAPL to $425 and DRTS to $22.
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Analysts at JPMorgan and RBC have updated their price targets for Republic Services following the company's recent third-quarter earnings report.
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Analysts upgraded RSG, AAPL, MRCY, DK and DRTS, revising price targets, including AAPL to $425 and DRTS to $22.
JPMorgan has upgraded Republic Services, Inc. from Neutral to Overweight, setting a new price target of $295.
The global waste management market is projected to grow from USD 1.52 trillion in 2026 to USD 2.19 trillion by 2032, expanding at a 6.24% CAGR. Asia-Pacific leads with 56.31% market share. Growth is driven by producer responsibility regulations, recycled-content requirements, and sustainability-linked financing, though rising labor costs pressure margins.
Rocky Shore Gold Ltd. has initiated a 1,321-kilometre airborne TDEM geophysical survey at its Rocky Pond VMS Project in Newfoundland.
Republic Services reported positive momentum in Q3 2026 with core commercial and industrial volumes turning positive for the first time in three years, driven by economic strength and high customer retention exceeding 94%. The Environmental Solutions segment showed rapid margin expansion with adjusted EBITDA margins reaching 25.4%, up 440 basis points year-over-year. The company is deploying AI technology for pricing optimization and route operations, targeting $100 million in incremental annual earnings by 2028, supported by disciplined pricing and fleet electrification strategies.
Several financial institutions, including Bernstein, Citigroup, and Scotiabank, updated their price targets for Republic Services following recent company disclosures.