RBC Capital Maintains Sector Perform on Waste Management, Lowers Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Walter Spracklin has maintained a 'Sector Perform' rating on Waste Management (NYSE:WM) but lowered the price target from $162 to $160.
July 27, 2023 | 4:06 pm
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Waste Management's price target has been lowered from $162 to $160 by RBC Capital, though the 'Sector Perform' rating is maintained.
The news directly pertains to Waste Management (WM) as RBC Capital has lowered its price target for the company. However, the 'Sector Perform' rating is maintained, indicating that the analyst still expects the company to perform on par with the sector. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100