Waste Management (WM) PT Raised to $255 at Jefferies
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Price: $246.05 -0.02%
Rating Summary:
22 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
22 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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(Updated - October 30, 2024 6:25 AM EDT)
Jefferies analyst Stephanie Moore raised the price target on Waste Management (NYSE: WM) to $255.00 (from $251.00) while maintaining a Buy rating.
The analyst commented: 'WM reported strong 3Q results beating cons estimates on revenue, EBITDA, and EPS. Mgmt. believes they'll now achieve the high-end of their revenue and EBITDA guidance in FY24 given improved volume, execution on cost programs, and M&A. Looking to 2025, we think the company should deliver another strong year, as they execute of their cost/productivity actions, M&A, and bring their sustainability investments online. Reit Buy."
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