Beyond The Numbers: 6 Analysts Discuss Waste Management Stock
Portfolio Pulse from Benzinga Insights
Analyst ratings for Waste Management (NYSE:WM) show a mix of bullish to bearish sentiments, with recent actions including rating raises and updated price targets. The average 12-month price target is $198.83, indicating a positive outlook. Waste Management, a leading provider of waste services in the US, has shown solid financial performance with a notable market cap, revenue growth, and profitability metrics. However, its debt-to-equity ratio suggests higher financial risk.
February 14, 2024 | 2:00 pm
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Analyst ratings for Waste Management have varied, with recent upgrades and a positive price target outlook. Financial performance remains strong, but the high debt-to-equity ratio poses a risk.
The mix of bullish to bearish sentiments among analysts, combined with recent upgrades and a positive price target outlook, suggests a generally positive short-term impact on WM's stock price. The company's solid financial performance, including revenue growth and profitability, supports this outlook. However, the high debt-to-equity ratio introduces a level of financial risk that could temper investor enthusiasm.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100