Morgan Stanley Maintains Overweight on Waste Connections, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Toni Kaplan has maintained an Overweight rating on Waste Connections (NYSE:WCN) and increased the price target from $171 to $175.
December 04, 2023 | 6:22 pm
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Morgan Stanley analyst Toni Kaplan reaffirmed an Overweight rating on Waste Connections and raised the price target to $175, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Toni Kaplan from Morgan Stanley typically signals a strong conviction in the company's future performance and is often viewed positively by the market. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100