Goldman Sachs raised the firm’s price target on Waste Connections to $181 from $158 and keeps a Buy rating on the shares after its Q4 earnings beat. The analyst cites a price / cost spread that is accelerating ahead of expectations. The firm also sees attractive medium-term price-driven growth outlook with further upside as landfill gas facilities come online in coming years.
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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
