Scotiabank raised the firm’s price target on WM (WM) to $275 from $265 and keeps an Outperform rating on the shares. The company’s Q2 results were better than expected despite recent headwinds and management improved its FY25 outlook, the analyst tells investors. Scotiabank continues to like the company for its outsized margin expansion, Stericycle-driven growth, and cheaper valuation.
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