GFL Environmental Price Target Raised to C$82 at CIBC

08:12 AM EDT, 08/31/2026 (MT Newswires) -- CIBC Capital Markets raised its price target on GFL Environmental. (GFL.TO, GFL) to C$82 from C$76. Analyst Kevin Chiang maintained an outperformer rating on shares of the waste-management company following media reports that GFL's sale process has advanced. The stock rose C$2.64, or 4.6%, to C$59.54 on the Toronto Stock Exchange Friday. "Even if GFL decides to remain a public company, we view these recent developments as raising the floor valuation for the company and suggesting that its equity was overly penalized back in April/May," Chiang said in a note to clients. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)