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Fly News Breaks for April 26, 2019
ADSW, WM
Apr 26, 2019 | 07:05 EDT
Oppenheimer analyst Noah Kaye raised his price target for Waste Management (WM) to $115 from $108 while maintaining an Outperform rating, citing better organic growth trends and Advanced Disposal Services (ADSW) acquisition benefits. Kaye says his work suggests the combined Waste Management-Advanced Disposal Services entity can generate $40M-$50M in year one incremental free cash flow.
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