A few analyst rating changes for today..
Hat tip to Street Insider for the analyst commentary.
Canaccord Genuity maintains Buy rating on Casella Waste Systems (CWST) and has a price target of $6 which is more than 50% higher than current levels. “We maintain our BUY on CWST with higher confidence that the company can improve recycling volumes within its recycling segment this fiscal year.” Shares of CWST aren’t moving on the positive comments, down … Read the rest
Castella Waste Systems, Inc reported 2nd quarter financial results today. Revenues increased by $7 million compared to the 2nd quarter of last year, rising 4.7 percent to come in at $157.5 million. Net income was down slightly compared to the 2nd quarter results last year, with earnings of $2.1 million or .08/share versus last year’s second quarter results of $2.8 million or .11/share.
John W. Casella, Chairman and CEO, issued the following comments on … Read the rest