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Stock analysts at Macquarie dropped their price objective on shares of Casella Waste Systems (NASDAQ:CWST) from $5.50 to $4.75 in a report issued on Friday. Macquarie’s price objective would indicate a potential upside of 6.50% from the company’s current price.

Shares of Casella Waste Systems (NASDAQ:CWST) traded down 0.89% during mid-day trading on Friday, hitting $4.46. The stock had a trading volume of 248,339 shares. Casella Waste Systems has a 52-week low of $4.50 and a 52-week high of $6.20. The stock’s 50-day moving average is $4.86 and its 200-day moving average is $5.15. The company’s market cap is $178.9 million.

Casella Waste Systems (NASDAQ:CWST) last released its earnings data on Wednesday, August 27th. The company reported ($0.01) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.01). The company had revenue of $141.40 million for the quarter, compared to the consensus estimate of $132.93 million. Analysts expect that Casella Waste Systems will post $-0.22 EPS for the current fiscal year.

CWST has been the subject of a number of other recent research reports. Analysts at Raymond James reiterated a “market perform” rating on shares of Casella Waste Systems in a research note on Friday. Separately, analysts at KeyCorp reiterated a “buy” rating on shares of Casella Waste Systems in a research note on Friday. They now have a $7.50 price target on the stock. Finally, analysts at Wedbush downgraded shares of Casella Waste Systems from an “outperform” rating to a “neutral” rating in a research note on Friday. They now have a $5.00 price target on the stock, down previously from $6.00. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. Casella Waste Systems has an average rating of “Hold” and a consensus price target of $5.85.

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

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