Republic Services Named a Top Richard Chilton Stock Pick

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โดย Insider Monkey·Read original
Summary · why it matters

Republic Services is one of the 10 best stocks to buy according to billionaire Richard Chilton. The waste collection company's shares are down 11.5% over the past year but up 3% year-to-date. Citi lowered its price target to $247 from $253 while maintaining a Buy rating, and CIBC reduced its target to $249 from $251 with an Outperform rating. The firm reported first-quarter revenue of $4.11 billion and earnings per share of $1.70, beating analyst estimates of $4.10 billion and $1.64. The Federal Trade Commission recently allowed Republic Services to acquire assets from TD*X Associates, which operates hazardous waste processing facilities.

Impact on stocks 3

Climate Adaptation & Water▲ · 1 stocks
Republic Services Inc
RSG
▲ PositiveCapitalrelevance

Named a top stock pick by billionaire Richard Chilton, earnings beat estimates, and FTC allowed acquisition of TD*X assets.

Digital Finance & Tokenization▲ · 1 stocks
Financials▲ · 1 stocks

Off-coverage companies 1

TD*X AssociatesPrivate▲ Positive
Regulationrelevance

FTC allowed Republic Services to acquire its assets, implying regulatory approval for the deal.

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