Citigroup Initiates Coverage On Waste Connections with Neutral Rating, Announces Price Target of $155
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Bryan Burgmeier has initiated coverage on Waste Connections (NYSE:WCN) with a Neutral rating and a price target of $155.
July 19, 2023 | 10:27 am
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NEUTRAL IMPACT
Citigroup has initiated coverage on Waste Connections with a Neutral rating and a price target of $155.
The initiation of coverage by Citigroup, a major financial institution, is significant for Waste Connections. The Neutral rating suggests that Citigroup does not expect the stock to outperform the market in the short term, but the price target of $155 indicates a potential upside from the current price. This could have a neutral to slightly positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100