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Waste Management price target lowered to $151 from $157 at Deutsche Bank
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Waste Management price target lowered to $151 from $157 at Deutsche Bank

Deutsche Bank analyst Kyle White lowered the firm’s price target on Waste Management to $151 from $157 given lowered cash flow estimates, while keeping a Hold rating on the shares. The firm notes Waste Management reported a Q4 result that was a touch below expectations. Volumes and average yield were below target, but this was partially offset by lower operating expenses that drove margin expansion above Deutsche’s estimates.

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