Goldman Sachs Is Positive on Republic Services (RSG)

RSG -1.38%

Republic Services, Inc. (NYSE:RSG) is one of the best industrial stocks to buy. On November 24, Goldman Sachs assigned a Buy rating on RSG, with an accompanying price target of $255.

In a separate business update, dated November 17, the Benton County Board of Commissioners finally allowed Republic Services to extend its 178-acre Coffin Butte Landfill. Coffin Butte manages most of the municipal waste of Marion County and the entirety of Polk County. The company has been seeking authorization for this landfill’s enlargement since 2021. The current proposal was submitted by Republic in July 2024, and it is 50% less in size than the prior plan.

Photo by Nick Fewings on Unsplash

The Benton County Planning Commission, in July 2025, denied the expansion request on grounds of insufficient evidence suggesting that it would not negatively affect surrounding land or place extra strain on local authorities. The decision was then taken to the Benton County Commissioners by Republic Services, who then voted in its favor on November 17, subject to conditions.

These conditions include supervising any effects on nearby wells and wildlife, as well as managing any odor. Additionally, the company must pay $242,000 annually to Benton County so they can get professionals to audit the company’s in-house monitoring and surveillance of the neighboring land and wildlife.

Republic Services, Inc. (NYSE:RSG) is an Arizona-based waste management and environmental services company that collects, processes, and disposes of residential and industrial waste, including hazardous and non-hazardous materials.

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