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Covanta Holding Corp. (NYSE:CVA)‘s stock had its “in-line” rating reiterated by Imperial Capital in a research note issued on Thursday, AmericanBankingNews.com reports. They currently have a $19.50 target price on the stock. Imperial Capital’s price objective suggests a potential upside of 5.58% from the company’s current price.

Covanta Holding Corp. (NYSE:CVA) traded up 0.65% on Thursday, hitting $18.47. The stock had a trading volume of 2,728,134 shares. Covanta Holding Corp. has a 52 week low of $16.42 and a 52 week high of $21.89. The stock has a 50-day moving average of $17.58 and a 200-day moving average of $17.97. The company’s market cap is $2.401 billion.

Covanta Holding Corp. (NYSE:CVA) last announced its earnings results on Tuesday, April 22nd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.12. The company had revenue of $401.00 million for the quarter, compared to the consensus estimate of $381.10 million. During the same quarter in the previous year, the company posted ($0.21) earnings per share. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. Analysts expect that Covanta Holding Corp. will post $0.41 EPS for the current fiscal year.

A number of other firms have also recently commented on CVA. Analysts at Macquarie initiated coverage on shares of Covanta Holding Corp. in a research note on Thursday, April 17th. They set an “outperform” rating and a $20.00 price target on the stock. Separately, analysts at Raymond James upgraded shares of Covanta Holding Corp. from an “outperform” rating to a “strong-buy” rating in a research note on Monday, March 31st. They now have a $23.00 price target on the stock. Finally, analysts at Robert W. Baird upgraded shares of Covanta Holding Corp. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 26th. They now have a $21.00 price target on the stock, up previously from $18.00. Seven investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $21.19.

Covanta Holding Corporation (NYSE:CVA) is a holding company.

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