Waste Connections (WCN) Reports In-Line Q2 EPS, Offers Gudiance

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Go back to Waste Connections (WCN) Reports In-Line Q2 EPS, Offers Gudiance

Imperial Capital Raises Price Target on Waste Connections (WCN) to $58 Following 2Q Results

July 29, 2015 8:08 AM EDT

Imperial Capital reiterated an Outperform rating on Waste Connections Inc. (NYSE: WCN), and raised the price target of $58.00 (from $54.00), following 2Q15. WCN reported in-line adjusted EPS of $0.50. Revenue exceeded Imperial's estimates by $1mn. Management affirmed FY15 revenue guidance at $2.11bn.

Analyst Scott Levine commented, "We are maintaining our Outperform rating on WCN shares, and are raising our one-year price target to $58 from $54. Our... More