Citi Maintains Buy Rating on Republic Services (RSG)

Republic Services, Inc. (NYSE:RSG) is one of the 10 Best Depressed Stocks to Buy in 2026.

On May 12, 2026, Citi analyst Bryan Burgmeier lowered the firm’s price target on Republic Services, Inc. (NYSE:RSG) to $247 from $253 while maintaining a Buy rating on the shares following the company’s Q1 report.

CIBC analyst Kevin Chiang also lowered the firm’s price target on Republic Services, Inc. (NYSE:RSG) to $249 from $251 and maintained an Outperformer rating on the shares. The firm said Republic Services delivered solid Q1 results despite headwinds tied to weather, fuel surcharge impacts, and difficult comparisons against non-recurring special project volumes from the prior year.

Citi Maintains Buy Rating on Republic Services (RSG)

On May 7, 2026, Republic Services, Inc. (NYSE:RSG) reported Q1 EPS of $1.70, versus the consensus estimate of $1.64. Revenue totaled $4.11B, versus the consensus estimate of $4.1B. President and CEO Jon Vander Ark said the company delivered a strong start to the year and remains well-positioned to achieve its full-year objectives. Vander Ark added that disciplined pricing actions and effective cost management helped drive earnings growth and 50 basis points of adjusted EBITDA margin expansion during the quarter. The company said it remains focused on executing its strategy and investing in growth initiatives to support long-term value creation.

Republic Services, Inc. (NYSE:RSG) provides environmental services across the United States and Canada.

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