On Oct 25, major Wall Street analysts update their ratings for $Waste Connections (WCN.US)$, with price targets ranging from $192 to $205.
BMO Capital analyst Devin Dodge maintains with a buy rating, and adjusts the target price from $198 to $196.
Oppenheimer analyst Noah Kaye maintains with a buy rating, and adjusts the target price from $194 to $192.
Stifel analyst Brian Butler maintains with a buy rating, and adjusts the target price from $200 to $205.
RBC Capital analyst Sabahat Khan maintains with a buy rating, and adjusts the target price from $199 to $201.
Truist Financial analyst Tobey Sommer maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Waste Connections (WCN.US)$'s main analysts recently are as follows:
Following Q3 results, it's noted that while commodity support was less than anticipated, contributing to a near-term growth outlook that fell short of expectations, the core value drivers for the business are expected to remain favorable into 2025. This includes robust pricing, enhancements in cost and productivity, as well as mergers and acquisitions.
Waste Connections surpassed third-quarter top and bottom-line consensus forecasts and increased full-year guidance for 2024, aligning its preliminary framework for that year with current market expectations. Despite facing multiple challenges, the company's strong execution facilitated the third-quarter outperformance. The company is poised for sustained growth in core solid waste operations and margin enhancement, bolstered by potential mergers and acquisitions, as well as productivity improvements that could lead to favorable future earnings projections.
Waste Connections' Q3 results slightly exceeded expectations, and the outlook for 2024 has been modestly improved, with the preliminary commentary for 2025 suggesting potential for further upsides. This optimism is based on the company's ongoing execution of its mergers and acquisitions strategy.
Here are the latest investment ratings and price targets for $Waste Connections (WCN.US)$ from 6 analysts:
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美东时间10月25日，多家华尔街大行更新了$Waste Connections (WCN.US)$的评级，目标价介于192美元至205美元。
BMO资本市场分析师Devin Dodge维持买入评级，并将目标价从198美元下调至196美元。
奥本海默控股分析师Noah Kaye维持买入评级，并将目标价从194美元下调至192美元。
斯迪富分析师Brian Butler维持买入评级，并将目标价从200美元上调至205美元。
加皇资本市场分析师Sabahat Khan维持买入评级，并将目标价从199美元上调至201美元。
储亿银行分析师Tobey Sommer维持买入评级。
此外，综合报道，$Waste Connections (WCN.US)$近期主要分析师观点如下：
在Q3的业绩中，商品压力位低于预期，导致短期增长前景不及预期，但业务的核心价值驱动因素预计将有利于2025年。这包括强劲的定价、成本和生产力的提高，以及并购。
Waste Connections超出第三季度的顶线和底线一致预测，并提高了2024年的全年指引，将该年的初步框架与当前市场预期保持一致。尽管面临多重挑战，公司强有力的执行促使第三季度的业绩超越预期。该公司有望在核心固体废物业务和利润率提升方面实现持续增长，助推潜在的并购，以及可能导致有利未来收益预测的生产力改善。
waste connections的Q3业绩略高于预期，并且对2024年的前景有所改善，2025年的初步评论表明有进一步向上的潜力。这种乐观主要基于该公司持续执行其并购策略。
以下为今日6位分析师对$Waste Connections (WCN.US)$的最新投资评级及目标价：
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