UPDATE: Credit Suisse Initiates Coverage on Stericycle on Positive Solid Waste Business

In a report published Monday, Credit Suisse analyst Hamzah Mazari initiated coverage on Stericycle, Inc. (NASDAQ: SRCL ) at Outperform, establishing a $140.00 price target. According to the report, the $140.00 price target is based on the analyst's normalized EBIDTA estimate of ~$920mm at ~16.5x multiple discounted back. “Barrier to