HSBC Initiates Coverage On Waste Management with Buy Rating, Announces Price Target of $192
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Wesley Brooks has initiated coverage on Waste Management (NYSE:WM) with a Buy rating and a price target of $192.
September 15, 2023 | 9:53 am
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POSITIVE IMPACT
HSBC has initiated coverage on Waste Management with a Buy rating and a price target of $192, which could positively impact the company's stock in the short term.
The initiation of coverage by HSBC with a Buy rating indicates a positive outlook for Waste Management. The price target of $192 suggests that HSBC believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100