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Fly News Breaks for May 5, 2016
WM, SR, WCN, ICE, AIG
May 5, 2016 | 09:52 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. AIG (AIG) coverage resumed with an Equal Weight at Morgan Stanley. 2. IntercontinentalExchange (ICE) reinstated with a Buy at Deutsche Bank. 3. Waste Management (WM) initiated with an Outperform at Oppenheimer. 4. Waste Connections (WCN) initiated with an Outperform at Oppenheimer. 5. Spire (SR) initiated with an Underweight at Morgan Stanley. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For AIG;ICE;WCN;SR;WM From the Last 2 Days
WM
Apr 26, 2024 | 09:47 EDT
Raymond James raised the firm's price target on WM to $229 from $219 and keeps an Outperform rating on the shares. WM's idiosyncratic multiyear capital deployment campaign towards sustainable projects continues to add an interesting wrinkle to the story in out years, the analyst tells investors in a research note. Its M&A capital deployment strategy should prove accretive and dynamic in time, and Raymond James views WM as a potential beneficiary of new PFAS regulations as they could capture a portion of remediation work in coming years.
WCN
Apr 25, 2024 | 08:59 EDT
Sees Q2 adjusted EBITDA $715M-$723M. Comments taken from Q1 earnings conference call.