Goldman Sachs Reiterates Buy Rating For RSG

In a research report by Goldman Sachs, Goldman Sachs has reiterated their Buy rating for Republic Services, Inc. RSGfollowing upbeat meetings with management. Goldman Sachs writes, "We recently hosted Republic Services (RSG) management for a series of investor meetings. RSG provided a solid outlook for its long-term EPS growth (low-double digits) and FCF generation. Near-term, RSG sees stable sequential volumes, positive pricing and strong free cash flow. Despite the encouraging outlook, RSG shares have underperformed the S&P 500 and peers by 540 bp and 370 bp, respectively, since 9/21/2010." RSG Closed Tuesday at $29.96