Oppenheimer raised the firm’s price target on WM (WM) to $263 from $262 and keeps an Outperform rating on the shares. WM’s board of directors approved a new $3B share repurchase authorization program and a 14.5% dividend increase. The company now plans to resume buybacks post-Q4 earnings, earlier than previously targeted, and repurchase $2B of shares in FY26, the firm notes.
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