BMO Capital lowered the firm’s price target on WM (WM) to $227 from $237 and keeps a Market Perform rating on the shares. The company’s core solid waste business is performing well, but Q3 results highlighted emerging risks that some of WM’s other growth levers – recycling, RNG, Healthcare Solutions – may struggle to reach targeted profitability by 2027, the analyst tells investors in a research note.
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