Stifel Maintains Buy Rating on GFL Environmental (GFL)

GFL Environmental Inc. (NYSE:GFL) is one of the 10 Stocks to Buy on a Pullback.

On April 16, 2026, Stifel analyst Shlomo Rosenbaum lowered the price target on GFL Environmental Inc. (NYSE:GFL) to C$65 from C$84 while maintaining a Buy rating on the shares. The firm said the company’s investment narrative is shifting following its acquisition of Secure Waste Infrastructure and expects the stock to trade at an EV/EBITDA discount relative to solid waste peers.

On April 14, 2026, Citi also reduced its price target on GFL Environmental Inc. (NYSE:GFL) to $51 from $55 previously but kept a Buy rating, describing the Secure Waste deal as mixed overall. The firm added that the stock appears oversold.

Stifel Maintains Buy Rating on GFL Environmental (GFL)

Earlier in April, GFL Environmental Inc. (NYSE:GFL) announced it would acquire Secure Waste Infrastructure in a transaction valued at approximately C$6.4B, including debt, to expand its footprint in Western Canada. Under the terms, GFL will purchase all outstanding shares of Secure Waste for C$24.75 per share, funded through a mix of 20% cash and 80% stock.

GFL Environmental Inc. (NYSE:GFL) provides non-hazardous solid waste management services across Canada and the United States.

While we acknowledge the risk and potential of GFL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GFL and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1