tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

WM price target raised to $248 from $245 at BMO Capital

BMO Capital raised the firm’s price target on WM (WM) to $248 from $245 and keeps a Market Perform rating on the shares after its Q2 earnings beat. Despite incremental near-term headwinds from commodity prices, there is good visibility into WM generating low-double-digit EBITDA growth over the intermediate term, the analyst tells investors in a research note. BMO adds that WM pricing remains solid and should overcome persistent cost inflation to drive margin expansion in the coming quarters.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1