I am still upbeat about shares of Republic Services (RSG), the second largest non-hazardous solid waste management company in the US. The company has been reporting strong financial results. According to the recently released report for Q315, revenue was up 2.5% y-o-y to USD 2.34 bn. Adjusted EPS climbed 2% y-o-y to 53 cents. The company generates a significant cash flow, allowing it to pay out generous dividends and buy back its shares. Republic Services spent USD 191 mn for this purpose over Q3, and USD 594 mn over the year. Dividend amounted to 30 cents (+7% q-o-q), yielding 2.8% The company’s management expanded its buyback program by an additional USD 900 mn. The company is aggressively ramping up its assets. Republic Services recently opened North America's largest recycling facility with a handling capacity 70 tons of recyclables per hour. The facility will allow the company to double the amount of recycled waste in Clark County.I am upbeat about Republic Services’ prospects. Interest in green companies is consistently growing worldwide. Notably, such famous investors like Bill Gates and Warren Buffett are among Republic Services’ shareholders. I believe that demand for the company's services will continue to grow. This trend, coupled with higher dividend and ongoing share buyback, will propel the company's shares in the medium term. My target price for the company is USD 48 and I rate the name as a Buy in the mid-term. The short-term technical target is USD 45.5.