JPMorgan Downgrades GFL Environmental (GFL) to Neutral, Lifts PT
From Yahoo Finance: 2025-05-24 15:45:00
JPMorgan adjusted its stance on GFL Environmental Inc. (NYSE:GFL) stock from “Overweight” to “Neutral”, raising the price target to $54.00. The re-rating followed the sale of its Environmental Services business. GFL retained a $1.7 billion equity interest, planning to use proceeds to repay debt. EPR in Canada may boost near-term volume.
JPMorgan sees GFL’s potential for growth through low-risk acquisitions. While GFL offers solid waste management services, other AI stocks may offer greater returns. The company’s market position and financial performance could improve over the long term. If interested in AI stocks, check out our report on the cheapest AI stock with 100x upside potential.
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