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Fly News Breaks for June 3, 2019
WM
Jun 3, 2019 | 07:50 EDT
Stifel analyst Michael E. Hoffman reaffirmed a Buy rating on Waste Management and raised his price target to $120 from $115 following the company's Investor Day, its first since March 2009. In a research note to investors, Hoffman says the company and its senior leadership team are focused on producing sustainable organic growth that drives better free cash flow growth with high quality incremental returns on capital.
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