Oppenheimer analyst Noah Kaye raised the firm’s price target on WM (WM) to $255 from $251 and keeps an Outperform rating on the shares. WM’s 2025 Investor Day underscored leadership on utilizing technology and process excellence to drive profitable growth across core and emerging business units, the analyst tells investors in a research note. The above-consensus FY27 financial targets embed fairly ratable growth off the FY25 baseline, with sustainability investments a greater contributor to FY26, the firm says, adding that it views Investor Day color as incrementally positive.
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- WM sees FY27 revenue $28.5B-$29.25B, $8.85B-$9.15B in adjusted operating EBITDA