RGS's Guidance Raised

Republic Services, Inc. RSG has its "buy" rating and $37 price target reiterated by Wunderlich based on long term sales and operating profit growth rates of 4.5%, EBITDA margin of 31.3%, and a discount rate of 10%. FCF guidance for 2010 was $700-725M and is now $725-750M, pending if the volume trends in special waste hold up along with volume in all waste classes, then 4Q10 earnings could approach $800M Republic Services, Inc. closed yesterday at $31.98.