BINGO added to conviction buy list.The BINGO Industries Ltd (ASX: BIN) share price could be on the move today after Goldman Sachs added the waste management company to its conviction buy list with a
$2.40 price target. Goldman believes the completion of the acquisition of Dial a Dump Industries could be a game changer for the company. This is partly due to the acquisition providing BINGO with more exposure to higher value landfill and waste processing assets and less exposure to residential construction and collections.
Correct me if im wrong, but wasnt GS price target $2 and now upgraded to $2.40.