BofA analyst Michael Feniger lowered the firm’s price target on Waste Connections (WCN) to $194 from $197 and keeps a Buy rating on the shares after having hosted investor meetings with the CEO and CFO last week. The firm, which lowered estimates on recycled commodities, senses Waste Connections is likely to finish 2025 strong with M&A and views 2026 as likely another “outsized year” on the acquisition front with a long-term runway ahead.
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