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The Board of Directors of GFL Environmental Inc. has unanimously rejected a proposal to take the company private, reaffirming its commitment to remaining a publicly traded entity.
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Groupon plunged 20% premarket after missing quarterly earnings and sales estimates, while Digital Turbine, Daqo and others also traded lower.
Citigroup has reaffirmed its 'Buy' rating on GFL Environmental and increased its price target from $51 to $52.
Truist has revised its price target for GFL Environmental Inc. while maintaining a Buy rating on the stock.
Scotiabank maintained its 'Sector Outperform' rating on GFL Environmental and increased its price target for the company's stock.