WM price target raised to $255 from $250 at Scotiabank

Scotiabank raised the firm’s price target on WM (WM) to $255 from $250 and keeps an Outperform rating on the shares. The company reported Q4 results and issued 2025 guidance that met expectations, but also raised Stericycle synergy target earlier than expected, the analyst tells investors. Additionally, the core solid waste business remains strong, despite volume headwinds.