Oppenheimer analyst Noah Kaye raised the firm’s price target on Waste Connections to $170 from $155 and keeps an Outperform rating on the shares. The firm notes shares traded up Wednesday after the company beat the Q4 consensus adjusted EBITDA estimate on stronger margin performance and guided full year 2024 adjusted EBITDA midpoint 2% above the Street.
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Read More on WCN:
- Waste Connections Projects Strong Q1 Revenue and Earnings Growth
- Waste Connections Projects Future Amid 2023 Results
- WASTE CONNECTIONS ANNOUNCES REGULAR QUARTERLY CASH DIVIDEND
- WASTE CONNECTIONS REPORTS FOURTH QUARTER 2023 RESULTS AND PROVIDES 2024 OUTLOOK
- Waste Connections sees FY24 revenue about $8.75B, consensus $8.7B
