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Fly News Breaks for July 18, 2016
WM
Jul 18, 2016 | 07:38 EDT
After meeting with Waste Management's management, Stifel says that the company's CEO now believes that it could generate organic 2% price and 2% volume growth in the near future. The firm says that the company is benefiting from the recovery of the residential construction market, while its free cash flow metrics have improved. Stifel raised its price target on the shares to $75 friom $70 and keeps a Buy rating on the stock.
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