Barclays raised the firm’s price target on Advanced Drainage (WMS) to $198 from $187 and keeps an Overweight rating on the shares. The company reported a “beat and raise” quarter against a “tepid” building products end market backdrop, the analyst tells investors in a research note.
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Read More on WMS:
- Advanced Drainage Systems Boosts Buybacks After Strong Quarter
- Advanced Drainage reports Q3 adjusted EPS $1.27, consensus $1.11
- Advanced Drainage announces new $1B stock repurchase authorization
- Advanced Drainage sees FY26 revenue $2.99B-$3.04B, consensus $2.99B
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