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WM price target raised to $251 from $244 at BofA

BofA raised the firm’s price target on WM (WM) to $251 from $244 and keeps a Neutral rating on the shares after the company reported a better-than-expected Q2 and narrowed its FY25 EBITDA outlook. While the midpoint is unchanged and the new guidance implies “no big upgrades” to consensus, this is better than expected, the analyst noted.

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