RBC Capital raised the firm’s price target on Advanced Drainage (WMS) to $205 from $176 and keeps an Outperform rating on the shares. The company reported another strong EBITDA beat in Q3 despite the tepid end market environment, the analyst tells investors in a research note.
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Read More on WMS:
- Advanced Drainage price target raised to $215 from $197 at UBS
- Advanced Drainage price target raised to $198 from $180 at KeyBanc
- Advanced Drainage price target raised to $198 from $187 at Barclays
- Advanced Drainage Systems Boosts Buybacks After Strong Quarter
- Advanced Drainage reports Q3 adjusted EPS $1.27, consensus $1.11
