Stock Track | Republic Services Plummets 5.01% Intraday on Price Target Cut and Revenue Miss

Stock Track
Feb 19

Republic Services (RSG) stock fell sharply during intraday trading, dropping 5.01% following negative analyst commentary and disappointing financial results.

The decline came after Morgan Stanley lowered its price target on Republic Services to $225 from $230, maintaining an Equal Weight rating. The firm noted that Republic Services missed Q4 revenue expectations due to lower-than-expected volumes and weakness in its environmental solutions segment.

Furthermore, the company's 2026 revenue guidance missed estimates by over 100 basis points. Morgan Stanley indicated that while environmental solutions are expected to improve, new business wins may not materialize until the second half of 2026 or early 2027 due to longer sales cycles, creating unique headwinds for the company.

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