RBC Capital raised the firm’s price target on WM (WM) to $227 from $220 and keeps a Sector Perform rating on the shares. The company reported Q4 adjusted EBITDA ahead of estimates and strong pricing along with volume growth as it continues to make progress on various internal initiatives such as driver turnover and automation of over 500 residential routes, the analyst tells investors in a research note.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.