BMO Capital raised the firm’s price target on WM (WM) to $245 from $241 and keeps a Market Perform rating on the shares. The presentations by the management reinforced the company’s strong outlook for earnings and free cash flow growth over the intermediate term, the analyst tells investors in a research note. WM also continues to have opportunities to add to its already industry-leading digital capabilities, which is increasingly becoming a differentiator for the business, BMO added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WM:
- WM price target raised to $255 from $251 at Oppenheimer
- Waste Management: Balancing Growth Potential with Near-Term Challenges
- Waste Management: Balancing Promising Growth with Market Uncertainties
- Waste Management: Buy Rating Affirmed Amidst Strong Growth Prospects and Attractive Valuation
- Waste Management’s Robust Growth Projections and Strategic Expansion Justify Buy Rating