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Imperial Capital dropped their target price on shares of Casella Waste Systems (NASDAQ:CWST) from $7.50 to $6.50 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. Imperial Capital’s target price would indicate a potential upside of 28.21% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Wunderlich cut their price target on shares of Casella Waste Systems from $6.00 to $5.50 in a research note on Friday. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $6.50.

Shares of Casella Waste Systems (NASDAQ:CWST) traded up 0.59% during mid-day trading on Friday, hitting $5.10. 57,178 shares of the company’s stock traded hands. Casella Waste Systems has a 52 week low of $4.17 and a 52 week high of $6.20. The stock has a 50-day moving average of $5.40 and a 200-day moving average of $5.3. The company’s market cap is $204.2 million.

Casella Waste Systems (NASDAQ:CWST) last posted its quarterly earnings results on Wednesday, June 25th. The company reported ($0.30) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.16) by $0.14. The company had revenue of $118.90 million for the quarter, compared to the consensus estimate of $111.49 million. During the same quarter last year, the company posted ($0.22) earnings per share. Casella Waste Systems’s revenue was up 9.4% compared to the same quarter last year. Analysts expect that Casella Waste Systems will post $-0.17 EPS for the current fiscal year.

Casella Waste Systems, Inc is a vertically integrated solid waste, recycling, and resource management services company.

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