WM price target raised to $220 from $213 at BMO Capital
The Fly

WM price target raised to $220 from $213 at BMO Capital

BMO Capital analyst Devin Dodge raised the firm’s price target on WM (WM) to $220 from $213 and keeps a Market Perform rating on the shares after its Q3 earnings beat. The company appears well-positioned to generate outsized growth in 2025 from the combination of increased contributions from its sustainability-related investments, M&A, and underlying improvement in its solid waste business, though this optimism is largely reflected in the current valuation, the analyst tells investors in a research note.

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