Barclays lowered the firm’s price target on Advanced Drainage (WMS) to $149 from $160 and keeps an Overweight rating on the shares. The company’s in-line fisacal Q3 results leave the thesis intact, the analyst tells investors in a research note. The firm expects pricing remains a very modest headwind near term, while Advanced Drainage outperforms on volume.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMS:
- Advanced Drainage Systems Reports Q3 Fiscal 2025 Results
- Advanced Drainage Systems Reports Q3 2024 Financial Results
- Advanced Drainage reports Q3 adjusted EPS $1.09, consensus $1.21
- Advanced Drainage backs FY25 revenue view $2.9B-$2.975B, consensus $2.93B
- WMS Earnings Report this Week: Is It a Buy, Ahead of Earnings?