RBC Capital Maintains Sector Perform on Waste Management, Raises Price Target to $189
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Walter Spracklin has maintained a 'Sector Perform' rating on Waste Management (NYSE:WM) and increased the price target from $163 to $189. This adjustment reflects a positive outlook on the company's future performance.
February 14, 2024 | 4:06 pm
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POSITIVE IMPACT
RBC Capital has maintained a 'Sector Perform' rating on Waste Management and raised the price target from $163 to $189, indicating a positive outlook on the company's performance.
The increase in the price target by RBC Capital suggests a bullish outlook on Waste Management's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term. The 'Sector Perform' rating indicates that the stock is expected to perform in line with the sector, but the raised target price points to specific optimism about Waste Management's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100