Waste Management upgraded to Buy from Neutral at Goldman Goldman upgraded Waste Management and raised its rating on the Environmental Services sector to Attractive from Neutral. The analyst views Waste Management's valuation as attractive and expects municipal solid waste volumes and pricing to move higher due to a recovery in housing. Price target raised to $42 from $33.
News For WM From The Last 14 Days
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Waste Management upgraded at Stifel As noted earlier, Stifel upgraded Waste Management to Buy from Hold. The firm upgraded the stock after learning that the company is looking to reduce its workforce by 600 employees. The firm expects the company's traditional baseline free cash flow to reach $1.4B and grow 4%-6% over the long-term. Target $55.