Scotiabank upgraded Waste Connections (WCN) to Outperform from Sector Perform with an unchanged price target of $208. The firm cites the stock’s improved relative valuation as well as increased confidence in its future free cash flow conversion for the upgrade. Waste Connections shares have significantly underperforming the solid waste group over the past year, compressing its valuation premium to peers, the analyst tells investors in a research note. Scotiabank sees current share levels as a “great entry point.”
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Read More on WCN:
- Waste Connections upgraded to Outperform from Sector Perform at Scotiabank
- Waste Connections price target raised to $213 from $210 at Raymond James
- Waste Connections resumed with a Buy at Stifel
- Waste Connections Sets Date for Q3 2025 Earnings Release
- Waste Connections initiated with an Equal Weight at Barclays