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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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