CIBC raised the firm’s price target on Waste Management to $207 from $180 and keeps an Outperformer rating on the shares. The company reported better than expected Q4 results with its outlook for 2024 reflecting continued positive momentum, especially on the margin front, the analyst tells investors in a research note. The firm believes Waste Management has multiple levers to drive outsized margin performance over the next few years.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WM: