The Globe and Mail reports in its Friday, Aug. 1, edition that RBC Capital analyst Sabahat Khan is sticking with his "outperform" recommendation for GFL Environmental. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kwan gave his share target a $3 boost to $59 (all figures U.S.). Analysts on average target the shares at $55.52. Mr. Khan says in a note: "GFL Environmental Inc. delivered strong Q2 results, beating expectations and revising 2025 revenue/Adj. EBITDA guidance higher. Notably, growth and margin expansion were the best among the waste majors, with industry-wide recycling commodity/RIN price plus FX headwinds being more than offset by strength in the underlying business. Looking ahead, we believe the company is well positioned to continue its momentum through the remainder of 2025 and into 2026." The Globe reported on May 14 that Citi analyst Bryan Burgmeier had reiterated his "buy" recommendation for GFL Environmental. The shares could then be had for $47.81. The Globe reported on July 3 that ATB Capital Markets analyst Chris Murray was keeping his "outperform" call on GFL Environmental intact. The shares were then going for $48.49.
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