Wunderlich Securities Reaffirms Casella Waste Systems Buy, $10 PT (CWST)

Wunderlich Securities reaffirmed its Casella Waste Systems CWST Buy rating and $10 price target in a research report published today. In the report, Wunderlich Securities states, "he successful completion of CWST asset sales and debt reduction demonstrates its commitment to de-lever its balance sheet toward CWST's stated target of 3.5 times. While leverage of 3.5 times is an interesting milestone, it should not be a stopping point." Shares of Casella Waste Systems closed Tuesday at $7.08, down 3.41% from Monday's market close.