Morgan Stanley cuts target for Republic Services stock to USD 219.00

Published on 10/16/2026 at 09:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut its target from USD 232.00 to USD 219.00 on October 13, 2026. Republic Services stock costs EUR 204.40 on October 16, 2026.

Analyst targets and company results

Morgan Stanley lowered its Republic Services target to USD 219.00 on October 13, 2026.
Second-quarter revenue reached USD 4.43 billion in the period ended June 30, 2026.
Republic Services stock trades at EUR 204.40 at 9:40 a.m. CEST at Lang & Schwarz on October 16, 2026.

Schwarzweiß-Reportagefoto von Arbeitern beim Sortieren an einem Recycling-Förderband — Republic Services (ISIN US76075R1059) zeigt Recyclingarbeiter beim Sortieren von Materialien am Fließband in Schwarzweiß, Illustration mit AI erstellt.

Republic Services stock trades at EUR 204.40 at Lang & Schwarz on October 16, 2026, while Morgan Stanley has lowered its target from USD 232.00 to USD 219.00. The analyst change dated October 13, 2026 gives investors a sharper counterpoint to the company’s latest operating update.

Target cut highlights valuation debate

According to Markets Insider on October 13, 2026, Morgan Stanley kept an Equal Weight rating and reduced its price target to USD 219.00 from USD 232.00. The firm cited concerns that weaker organic growth could draw greater investor scrutiny.

RBC Capital took the opposite stance in a report published October 16, 2026. TipRanks said analyst Sabahat Khan maintained a Buy rating and set a USD 272.00 target, while Scotiabank maintained a Hold rating on October 15, 2026.

Three dated events shape the stock

On August 6, 2026, Republic Services reported second-quarter revenue of USD 4.43 billion and adjusted earnings per share of USD 1.85. On October 13, 2026, Morgan Stanley cut its target to USD 219.00 from USD 232.00. On October 15, 2026, RBC Capital maintained a Buy rating with a USD 272.00 target. The results and analyst actions provide a quantified contrast between operating progress and valuation concerns.

What dates matter next?

MarketBeat lists October 29, 2026 as the expected date for Republic Services third-quarter results after the market close, with a conference call scheduled for 5:00 p.m. ET. Its consensus calls for USD 4.42 billion in revenue and USD 1.93 in earnings per share for the quarter.

Pricing remains the operating lever

Benzinga reported that second-quarter revenue increased 4.60 percent year over year and adjusted EBITDA rose 4.50 percent, with an adjusted EBITDA margin of 32.10 percent. Management raised full-year 2026 revenue guidance to USD 17.20 billion to USD 17.30 billion and adjusted earnings-per-share guidance to USD 7.23 to USD 7.28.

The same results pointed to more than USD 1.20 billion of planned acquisition investment in 2026. For investors, the key tension is clear: pricing and acquisitions support growth, while analyst target cuts reflect concern about organic demand and operating pressure.

Stock stays tied to the next report

Republic Services is a US environmental-services company listed on the New York Stock Exchange under ticker RSG. Its next scheduled results date gives the market a near-term test of whether pricing gains can offset softer volumes.

Republic Services was trading at EUR 204.40 at Lang & Schwarz on October 16, 2026 at 9:40 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Republic Services stock.