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WM price target raised to $247 from $227 at CIBC

CIBC analyst Kevin Chiang raised the firm’s price target on WM (WM) to $247 from $227 and keeps a Neutral rating on the shares as part of a quarterly recap for the North American solid waste sector. The waste names provided “solid” 2025 guidance when they reported Q4 results, and the firm views this outlook as “highly defensive,” the analyst told investors.

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