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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美東時間10月25日，多家華爾街大行更新了$Waste Connections (WCN.US)$的評級，目標價介於192美元至205美元。
BMO資本市場分析師Devin Dodge維持買入評級，並將目標價從198美元下調至196美元。
奧本海默控股分析師Noah Kaye維持買入評級，並將目標價從194美元下調至192美元。
斯迪富分析師Brian Butler維持買入評級，並將目標價從200美元上調至205美元。
加皇資本市場分析師Sabahat Khan維持買入評級，並將目標價從199美元上調至201美元。
儲億銀行分析師Tobey Sommer維持買入評級。
此外，綜合報道，$Waste Connections (WCN.US)$近期主要分析師觀點如下：
根據Q3的結果，商品的支撐低於預期，導致短期增長前景不及預期，但預計業務的核心價值驅動因素將有望保持到2025年。這包括強勁的定價、成本和生產率的提升，以及併購活動。
Waste Connections超過了第三季度的預期，增加了2024年的全年指導，並將當年的初步框架與當前市場預期保持一致。儘管面臨多重挑戰，但公司強有力的執行促使第三季度的業績表現卓越。該公司在覈心固體廢物運營和利潤增長方面有望實現持續增長，這得益於潛在的併購活動，以及可能導致未來盈利預期良好的生產率改善。
Waste Connections的Q3業績略高於預期，並且2024年的展望有所改善，針對2025年的初步評論表明有可能進一步增加。這種樂觀情緒基於公司對其併購策略的持續執行。
以下爲今日6位分析師對$Waste Connections (WCN.US)$的最新投資評級及目標價：
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