Bank of America Securities Sticks to Their Hold Rating for Waste Management (WM)

Bank of America Securities analyst Michael Feniger reiterated a Hold rating on Waste Management (WMResearch Report) today and set a price target of $168.00. The company’s shares closed yesterday at $154.73.

Feniger covers the Industrial Goods sector, focusing on stocks such as Ritchie Bros, Aecom Technology, and Fluor. According to TipRanks, Feniger has an average return of 13.8% and a 63.38% success rate on recommended stocks.

Currently, the analyst consensus on Waste Management is a Hold with an average price target of $167.57.

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WM market cap is currently $63.51B and has a P/E ratio of 28.74.

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Headquartered in Texas and founded in 1987, Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides services that range from collection and disposal to recycling and renewable energy generation.

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