Truist raised the firm’s price target on WM (WM) to $260 from $250 and keeps a Buy rating on the shares. With two of the solid waste names that the analyst covers having reported, the firm believes pricing strength is “a good read through for the rest of the sector,” giving it confidence in 2025 pricing numbers, the analyst tells investors in a post-earnings note.
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Read More on WM:
- Hold Rating Maintained for Waste Management Amid Strong Performance and Market Volatility
- Strong Financial Performance and Strategic Positioning Drive Buy Rating for Waste Management
- WM reports Q2 EPS $1.92, consensus $1.89
- WM now sees FY25 revenue $25.275B-$25.475B, consensus $25.51B
- Waste Management options imply 3.2% move in share price post-earnings