CIBC raised the firm’s price target on WM (WM) to $235 from $228 and keeps a Neutral rating on the shares. The firm expects the waste sector to continue to benefit from a strong pricing environment and easing inflation, resulting in outsized margin expansion in 2025 in solid waste, the analyst tells investors in a note on the group.
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Read More on WM:
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- WM price target raised to $231 from $230 at Oppenheimer
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- Waste Management to Merge with Stericycle in 2024
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
