Barclays Maintains Overweight on Advanced Drainage Systems, Raises Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target from $113 to $119.

May 19, 2023 | 9:35 am
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Barclays maintains an Overweight rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target from $113 to $119.
The news of Barclays maintaining an Overweight rating and raising the price target for Advanced Drainage Systems (WMS) is positive for the stock. This indicates that the analyst has a favorable view of the company's prospects and expects the stock price to rise in the short term. As a result, the stock is likely to experience upward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100