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Fly News Breaks for May 1, 2019
WM
May 1, 2019 | 07:27 EDT
RBC Capital analyst Derek Spronck initiated Waste Management with a Sector Perform rating and a price target of $113. The analyst notes that while the company is positioned to generate "sustainable long-term earnings growth" and offers industry leading scale, he sees the current valuation on the stock as reflective of its positive factors and expects the share gains to be limited in the near term.
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