Deutsche Bank Maintains Buy on Advanced Drainage Systems, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Joe Ahlersmeyer maintains a Buy rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target from $125 to $131.
May 19, 2023 | 9:28 am
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Deutsche Bank maintains a Buy rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target from $125 to $131.
The news of Deutsche Bank maintaining a Buy rating and raising the price target for Advanced Drainage Systems (NYSE:WMS) from $125 to $131 is positive for the stock. This indicates that the analyst has a positive outlook on the company's performance and believes the stock is undervalued. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100