GFL Environmental Holdings Inc. (GFL) saw its stock price surge 5.14% during pre-market trading on Thursday, driven by a series of positive analyst actions.
Multiple financial institutions reiterated their bullish stance on the waste management company. Scotiabank analyst Konark Gupta maintained a Buy rating with a $56.00 price target, while RBC Capital Markets raised its price target to $60 from $59 and kept its Outperform rating. William Blair analyst Trevor Romeo also maintained a Buy rating, citing the company's resilient fundamentals, conservative guidance, and visible growth prospects.
According to FactSet data, GFL Environmental has an average analyst rating of overweight with a mean price target of $55.73, indicating continued optimism about the company's performance among Wall Street analysts.