FMP
Republic Services Upgraded to Buy at Deutsche Bank
Jun 16, 2022(Last modified: Dec 19, 2023)
Deutsche Bank upgraded Republic Services, Inc. (NYSE:RSG) to buy from hold, while maintaining their $147 price target on the company’s shares.
The brokerage mentioned the following reasons for the upgrade: (1) the company is an inflation hedge in today's environment, (2) it is a safe haven in market downturns and (3) it provides compelling earnings growth especially on a risk-adjusted basis.
The analysts view the stock as attractive for investors during market uncertainty given its defensive attributes and evidence of relative outperformance during downturns.
Top 5 Defense Stocks to Watch during a Geopolitical Tension
In times of rising geopolitical tension or outright conflict, defense stocks often outperform the broader market as gove...
Walmart vs. Target vs. Costco: The $100 Billion Retail Media War
The U.S. retail media market is evolving into one of the most lucrative arms races in consumer tech. With ad spending on...
Circle-Coinbase Partnership in Focus as USDC Drives Revenue Surge
As Circle Internet (NYSE:CRCL) gains attention following its recent public listing, investors are increasingly scrutiniz...
