Stephens & Co. Maintains Overweight on Advanced Drainage Systems, Raises Price Target to $182
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Trey Grooms maintains an Overweight rating on Advanced Drainage Systems (NYSE:WMS) and raises the price target from $138 to $182.
February 09, 2024 | 6:08 pm
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Advanced Drainage Systems' price target was raised from $138 to $182 by Stephens & Co., maintaining an Overweight rating.
The increase in price target by a reputable analyst firm like Stephens & Co. typically signals a strong bullish outlook on the stock, suggesting potential upside. This is based on the firm's analysis and confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100