Casella Waste Systems Downgraded to Hold at Wunderlich, PT Cut $1 to $6; Shares Flat Early

Casella Waste Systems (CWST) has been downgraded by analysts at Wunderlich Securities to a hold rating from a buy.

The firm lowered its price target on the stock to $6 from $7 a share.

In today’s pre-market session,shares of CWST are unchanged from their June 20 close of $5.50, amid a 52-week trading spread of $3.95 – $6.20.

 

Casella Waste Systems, Inc., together with its subsidiaries, operates as a regional, vertically-integrated solid waste, recycling, and resource management services company in the northeastern United States. It provides resource management services in the areas of solid waste collection, transfer, disposal, recycling, and organics services to residential, commercial, municipal, and industrial customers.

 

About

Joseph Clements, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Joseph Clements, you can write at [Joseph.Clements@downtownleader.com ].

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