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Enter Symbol:
Rating: CVA
Outperform $20

Covanta Holding Corporation (NYSE: CVA) reiterated to Outperform with price target $20 by Oppenheimer

Wednesday,  Jan 20, 2016  9:25 AM ET by Dave Ficere

Oppenheimer reiterated Covanta Holding Corporation (NYSE: CVA) to Outperform with price
target $20. Previously Oppenheimer rated Outperform with price target $21 Covanta Holding Corporation (NYSE: CVA) on 12/03/2015, when the stock price was $16.59.

Covanta Holding Corporation (Covanta) is a developer, owner and operator of infrastructure for the conversion of waste to energy (energy-from-waste), as well as other waste disposal and renewable energy production businesses in the Americas, Europe and Asia. The Company conducts all of its operations through subsidiaries, which are engaged in the businesses of waste and energy services. Covanta also engages in the independent power production business outside the Americas. It has investments in subsidiaries engaged in insurance operations in California primarily in property and casualty insurance. On December 22, 2008, the Company acquired Indeck Maine, LLC from co-owners Ridgewood Maine, L.L.C. and Indeck Energy Services, Inc. On June 2, 2008, Covanta acquired an energy-from-waste facility in Tulsa, Oklahoma from The CIT Group/Equipment Financing, Inc.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.



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